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Bloomberg

Copper Holds $14,000 as Weaker US Rate Outlook Boosts Metals

Monday, August 10, 2026


Copper prices held near $14,000 per ton following six weeks of consecutive gains. The price movement followed reports of tightening global copper supplies and shifts in US Federal Reserve rate expectations. Spot copper trading remained within a narrow range as of the report date.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-10/copper-holds-14-000-as-weaker-us-rate-outlook-boosts-metals

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