Updated
Updated · Bloomberg · May 26
Copper Holds Near $13,680 a Ton as Traders Track Possible US-Iran Deal
Updated
Updated · Bloomberg · May 26

Copper Holds Near $13,680 a Ton as Traders Track Possible US-Iran Deal

9 articles · Updated · Bloomberg · May 26
  • Copper was little changed near $13,680 a ton on the London Metal Exchange, preserving gains from the previous session.
  • More than a 1% rise on Friday left the metal holding firm as investors watched for progress toward a possible US-Iran agreement to end three months of war in the Middle East.
  • LME trading resumed after Monday's public holiday, with the market still focused on geopolitical developments rather than fresh exchange-driven moves.
As a fragile US-Iran deal emerges, will copper's stability hold or is a major market shock coming?
The US-Iran deal could reopen a vital strait, but will it truly solve the global supply chain crisis?