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Copper ticks higher as supply tightness in focus, heads for weekly gain
Copper edged higher on Friday and was heading for a weekly jump after another bullish forecast by Goldman Sachs highlighted mine supply constraints, while a firmer dollar capped gains. Benchmark three-month copper on the London Metal Exchange was up 0.1% at $11,787 per metric ton by 1036 GMT, not far off the all-time peak of $11,952 it struck last week. The metal, widely used in power, construction and manufacturing, is on course to add 2.4% this week and is up almost 35% in 2025. “Copper remains our favorite long-run industrial metal because it faces unique mine supply constraints and structurally strong demand ... (full story)
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