Copper and aluminum prices are falling, influenced by the market sell-off.
After US President Trump's comments on the Iran issue disappointed investors, precious metals also faced the impact of market risk aversion. The three-month copper contract on the London Metal Exchange is giving back gains from earlier this week, as investors worry that continuing conflicts could weaken global growth and impact the outlook for metal demand. The contract fell 1.4% during Asian trading on Thursday, to $12,259 per ton. The contract had risen to $12,492 per ton at one point the previous day, and closed last week at $12,195 per ton. The LME three-month aluminum contract fell 1.3% to $3,484.50 per ton.
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