Copper Retreats as US and Iran Trade Threats on Peace Deal The copper market has taken a beating in recent days, with prices plummeting to levels not seen since the early stages of the COVID 19 pandemic.
The sudden drop in copper prices is largely attributed to escalating tensions between the United States and Iran, which have raised concerns about global economic stability. What's Behind the Copper Price Plunge?
Copper prices are heavily influenced by global market sentiment.