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Bloomberg

Base Metals Advance as Fed Rate Pause Eases Demand Concerns

Thursday, July 30, 2026


Copper, aluminum, and zinc prices increased following the Federal Reserve's decision to hold interest rates steady. The Fed maintained its benchmark rate at its existing level. Base metal prices had previously faced pressure from concerns about slower industrial demand in a higher rate environment.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-30/base-metals-advance-as-fed-rate-pause-eases-demand-concerns

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