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London copper ticks higher as Iran uncertainties, China data limit gains
London copper ticked higher on Monday, supported by concerns over tightening supply and Goldman Sachs’ higher price forecast, though gains were capped by uncertainties over an Iran peace deal and slower factory activity in top consumer China. The benchmark three-month copper on the London Metal Exchange rose 0.28% to $13,674.50 a metric ton as of 0310 GMT. The most-active copper contract on the Shanghai Futures Exchange slipped 0.07% to 104,770 yuan ($15,481.80) a ton. The Shanghai contract has been traded within a narrow range, gaining as much as 0.18% before nudging lower. Concerns over global supply tightness ... (full story)
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From investinglive.com | Jun 1, 2026
Gold rallied strongly in the final part of last week on expectations of an imminent US-Iran deal. The catalyst that started the rally was an Axios report on Thursday saying that US and Iran had reached a 60-day memorandum of understanding (MoU) and the agreement required final approval from Trump. We got another impulse higher on Friday after Trump ...