Copper Rebounds as Risk Appetite Improves

AI Summary

Copper futures rose to $6.26 per pound as investor risk appetite improved, led by semiconductor and AI stock gains. The market optimism persists despite ongoing conflict in the Middle East, with US and Iran tensions continuing.

Copper futures climbed to around $6.26 per pound on Friday, reversing losses from earlier this week as investor appetite for risk assets improved, led by a rebound in semiconductor and artificial intelligence-related stocks. Market participants also looked past the renewed fighting in the Middle East after reports indicated that the US and Iran will continue ...