📰 ET Markets 🟢 BULLISH 🕒 20 Oct 2026, 11:24 PM IST

Copper stays range bound as US tariff uncertainty, oil inflation risks weigh

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Core Development: Copper stays range bound as US tariff uncertainty, oil inflation risks weigh

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Market & Financial Impact: Copper prices remained range bound as uncertainty over potential US tariffs and inflation risks from higher oil prices kept traders cautious. China’s copper scrap shortage supported refined copper demand, while record high US inventories and cautious buying limited gains. Goldman Sachs expects copper prices to average $15,400 a ton in 2027.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Copper prices are trading in a range as the US administration is yet to decide on proposed tariffs amid supply constraints and rising prices.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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Copper stays range bound as US tariff uncertainty, oil inflation risks weigh

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