Copper Prices Decline Amid Middle East Conflict and Inflation Concerns

Copper prices have continued to fall, reaching their lowest point in over three months, as the ongoing Middle East conflict dampens investor risk appetite and raises concerns about global inflation and economic growth. According to Jin10, the price of copper on the London Metal Exchange dropped by 1.8% on Monday, following a 6.7% decline last week, marking the largest weekly drop since April 2025. The four-week-long conflict in Iran has driven up oil and gas prices, potentially harming global economic activity and exacerbating inflation. This situation may compel central banks to adopt a more aggressive stance on interest rates.