Copper Below $12,000 on Global Growth Concerns -- Market Talk

Dow Jones03-24

0827 GMT - Copper prices fall back below the $12,000 mark due to concerns over the impact of the Iran war on global economic growth and inflation. "Copper, a bellwether for the global economy, has been under pressure as the Middle East conflict has sapped risk appetite across financial markets," ANZ analysts write. Three-month futures on the London Metal Exchange are down 1.9% to $11,982.50 a metric ton after rising in the previous trading session, when President Trump said the U.S. would postpone strikes on Iranian energy infrastructure and signalled progress in talks. (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

March 24, 2026 04:28 ET (08:28 GMT)

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Three-month futures on the London Metal Exchange are down 1.9% to $11,982.50 a metric ton after rising in the previous trading session, when President Trump said the U.S. would postpone strikes on Iranian energy infrastructure and signalled progress in talks. 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Three-month futures on the London Metal Exchange are down 1.9% to $11,982.50 a metric ton after rising in the previous trading session, when President Trump said the U.S. would postpone strikes on Iranian energy infrastructure and signalled progress in talks. 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