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Copper rebounds from 3-month low as tightness offsets tariff, AI fears
LONDON: Copper prices rebounded on Wednesday from their weakest in three months as initial fears about the impact of the US election on tariffs and AI data centres were offset by healthy demand and shortages outside the US. Benchmark three-month copper on the London Metal Exchange was up 0.5% at $14,103 a metric ton by 1115 GMT. It earlier fell as much as 1.5% to its lowest since August 3. The sharp losses were a knee-jerk reaction to the results of the US elections on Tuesday, in which Democrats seized control of both the Senate and House of Representatives, said Ole Hansen, head of commodity...
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