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Copper hits six-week high on hopes of fresh US-Iran peace talks
Copper price hit six-week highs on Wednesday as the prospect of another round of talks between the United States and Iran to end the war boosted sentiment. Benchmark copper on the London Metal Exchange touched $13,392.5 a metric ton, the highest since March 2. It was down 0.2% to $13,254 at 0956 GMT on profit-taking triggered by the firmer dollar which when it rises makes dollar-priced metals more expensive for holders of other currencies. However, traders said sentiment and volumes overall in industrial metals markets was buoyant. U.S. President Donald Trump said on Tuesday talks to end the Iran war could resume in ... (full story)
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- Apr 15, 2026 8:41am Posted byFundamental Analysis151
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