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Copper rebounds from 3-month low as tightness offsets tariff, AI fears

LONDON: Copper prices rebounded on Wednesday from their weakest in three months as initial fears about the impact of the US election on tariffs and AI data centres were offset by healthy demand and shortages outside the US. Benchmark three-month copper on the London Metal Exchange was up 0.5% at $14,103 a metric ton by 1115 GMT. It earlier fell as much as 1.5% to its lowest since August 3. The…

First reported by Business Recorder 1 source
Image: Business Recorder
Image: Business Recorder
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  1. Business Recorder

    Copper rebounds from 3-month low as tightness offsets tariff, AI fears (opens Business Recorder in a new tab)

    LONDON: Copper prices rebounded on Wednesday from their weakest in three months as initial fears about the impact of the US election on tariffs and AI data centres were offset by healthy demand and shortages outside the US. Benchmark three-month copper on the…