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Is Copper's All-Time High Built on Tariffs or Geology? Washington Holds the Answer

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Is Copper's All-Time High Built on Tariffs or Geology? Washington Holds the Answer

Copper reached an all-time high of $14,617 a ton on the London Metal Exchange today. The rally extended into a fourth session as traders positioned for US tariffs on refined metal. The advance marked a second consecutive record. Copper has gained around 17% this year, supported by tight near-term supply and steady industrial demand. Washington The post Is Copper's All-Time High Built on Tariffs or Geology? Washington Holds the Answer appeared first on BeInCrypto.

Key Takeaways

  1. Copper reached an all-time high of $14,617 a ton on the London Metal Exchange today.
  2. The rally extended into a fourth session as traders positioned for US tariffs on refined metal.
  3. The advance marked a second consecutive record.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.