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Copper Slips as AI Selloff Saps Appetite for Risk Across Markets
Source: Livemint — Markets · 4 hr ago
Summary
Copper prices moved sideways as market participants balanced concerns about excessive spending on AI‑related hardware, which heavily uses the metal, against ongoing worries about supply constraints. The uncertainty around AI investment reduced appetite for riskier assets, influencing copper’s performance.
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From the original report
Copper wavered as traders weighed investor angst around overheated spending on metal-intensive AI infrastructure against continued supply risks.
Excerpt from Livemint — Markets.
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