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Copper stays range bound as US tariff uncertainty, oil inflation risks weigh

Copper prices remained stuck in a narrow range on Tuesday, with uncertainty over potential US import tariffs and concerns that higher oil prices could fuel inflation keeping traders cautious, Reuters reported.Three month copper on the London Metal Exchange was up 0.1% at $14,353 a metric ton by 0955 GMT, marking a third straight session of tight trading.The metal has gained 55% since Donald Trump returned to the US presidency in January 2025, even as global demand fell 0.5% to 27 million metric…

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Economic TimesLean R·2h ago
Copper stays range bound as US tariff uncertainty, oil inflation risks weigh
Copper prices remained stuck in a narrow range on Tuesday, with uncertainty over potential US import tariffs and concerns that higher oil prices could fuel inflation keeping traders cautious, Reuters reported.Three month copper on the London Metal Exchange was up 0.1% at $14,353 a metric ton by 0955 GMT, marking a third straight session of tight trading.The metal has gained 55% since Donald Trump returned to the US presidency in January 2025, even as global demand fell 0.5% to 27 million metric…
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Copper stays range bound as US tariff uncertainty, oil inflation risks weigh

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