Copper Falls to Three-Month Low as Global Growth Concerns Rise [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
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Source: Yahoo! Finance
The red metal fell as much as 1.8% on the London Metal Exchange, following a drop of 6.7% last week, the steepest since April 2025. The war, now in its fourth week, has pushed oil and gas prices higher, threatening to hurt economic activity worldwide and fueling inflation that will likely force central banks to take a more hawkish stance on interest rates. Most Read from Bloomberg Iranian Navy Guided Indian Tanker Through Hormuz, Crew Member Says Super Micro Co-Founder Charged With Smuggling, Departs Board Trump Gives Iran 48 Hours on Hormuz, Threatens Power Plants Iran Says Ready to Let Japan Vessels Use Hormuz, Kyodo Reports Bonds, Stocks Fall as US and Iran Step Up Rhetoric: Markets Wrap “Copper prices haven't reached a bottom yet,” as the market is pricing in the prospect of recession and inflation, said Yan Yuhao, senior analyst with Zhejiang Hailiang Co., a major Chinese producer of copper tubes and rods. Meanwhile, a drop below 100,000 yuan ($14,485) a ton on t
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