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Copper falls, heads for worst week since March on AI rout
Copper fell for a fourth straight session on Friday and was on course for its biggest weekly drop since March, weighed down by a rout in technology stocks, although supply concerns limited the downside. Benchmark three-month copper on the London Metal Exchange was down 0.8% at $13,738 a metric ton as of 1030 GMT. It earlier declined as much as 1.5% to $13,636, its lowest since July 30, but found support from its 200-day moving average. The metal is on track for a 2.9% drop this week, which would mark its steepest weekly loss since the week ended March 20. The weakness reflects worries over AI ...
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