Copper Set for Weekly Loss Amid AI Rout and Strong Dollar
Three-month LME copper fell 0.20% to $13,561 a metric ton as of 0700 GMT and was down 1.60% for the week. Concerns about Nvidia and AI investment outweighed support from tight supplies in China.
Copper prices were on track for a weekly fall, as concerns surrounding Nvidia and AI investment outweighed support from tight supplies in top consumer China.Benchmark three-month copper on the London Metal Exchange LME:CA1! fell 0.20% to $13,561 a metric ton as of 0700 GMT, having lost 1.60% this w…