11 Hrs
الاقتصادية
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الاقتصادية

2026-11-13T13:02:39.377Z

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Copper's Two-Year Slide

Copper's Two-Year Slide

Copper prices fell for a fifth straight week, their longest losing streak in nearly two years, shedding nearly 2% over the week. Contracts on the London Metal Exchange declined 0.8% to $13,484.50 a tonne. The drop came amid turmoil in the artificial intelligence sector, which raised doubts about demand tied to data-center investment, as well as expectations of further U.S. interest-rate hikes and a stronger dollar. Copper is still up about 8% since the start of the year, however, while Goldman Sachs warned that waning investor bets on AI and softer expectations for U.S. tariffs could weigh on prices.

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