Copper rose on Friday, heading for its first weekly gain this month, on optimism that Donald Trump’s efforts to ease Middle East tensions may support global growth. Trump delayed a deadline for Iran, though troop deployments remain under consideration. Most industrial metals fell this month on inflation and growth concerns, while aluminum rose amid Hormuz-related supply disruptions. Traders remain cautious. In China, falling prices have boosted demand, with copper inventories posting the year’s

Copper rose on Friday, heading for its first weekly gain this month, on optimism that Donald Trump’s efforts to ease Middle East tensions may support global growth. Trump delayed a deadline for Iran, though troop deployments remain under consideration. Most industrial metals fell this month on inflation and growth concerns, while aluminum rose amid Hormuz-related supply disruptions. Traders remain cautious. In China, falling prices have boosted demand, with copper inventories posting the year’s largest weekly decline.