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Copper climbs for third straight day
Copper prices have risen for the third consecutive time, supported by gains in Asian stocks and a wave of expectations for increased demand for the metal in the coming years, especially with growth in investments in artificial intelligence and an uptick in demand for energy infrastructure and data centers. Copper gained 0.1%, reaching $14,438 per ton on the London Metal Exchange, amid concerns over the impact of US tariffs on global supplies, which has accelerated shipments of copper to the United States and reduced the supply in other markets. Nevertheless, copper prices remained near the high levels they reached last month and showed resistance to rising global bond yields.
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