Copper falls, heads for fifth straight weekly drop on AI rout
Copper slipped to its lowest in almost four months on Friday and was on course for a fifth weekly dip in a row on mounting concerns around AI investment. Benchmark three-month copper on the London Metal Exchange was down 0.5% to $13,519 per metric ton as of 1000 GMT after earlier hitting $13,456, its lowest since July 17. The metal was on course for a 1.8% drop this week, having lost ground every…
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Copper falls, heads for fifth straight weekly drop on AI rout (opens Business Recorder in a new tab)
Copper slipped to its lowest in almost four months on Friday and was on course for a fifth weekly dip in a row on mounting concerns around AI investment. Benchmark three-month copper on the London Metal Exchange was down 0.5% to $13,519 per metric ton as of…
