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Uncertainty over US tariffs keeps copper trading in a tight range

Global Published 20 October 2026, 15:45 · archived 20 Oct 2026

LONDON: Copper prices were little changed on Tuesday, trading in a tight range for a third straight session, as uncertainty over potential US import tariffs and concerns about inflation driven by higher oil prices kept risk sentiment subdued. Benchmark three-month copper on the London Metal Exchange was up 0.1% at $14,353 a metric ton by 0955 GMT. Copper, widely used in the power and construction sectors, has risen 55% since Donald Trump returned to the US presidency in January 2025, despite global demand falling 0.5% to 27 million metric tons, Panmure Liberum analyst Tom Price said in a note....

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