Copper Gains With US Tariffs Deadline Less Than a Month Away


That’s adding to other supportive factors that drove the metal to a 5% gain in May. Efforts by the US and Iran to negotiate a ceasefire have pushed industrial metals higher, while enthusiasm for assets linked to artificial intelligence has spilled over to copper. Citigroup Inc. sees prices hitting $14,500 a ton this month — and $15,000 within a year — while Goldman Sachs Group Inc. also upgraded its forecasts.



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