Copper and most metals rose as optimism around U.S. diplomatic efforts to end the Middle East conflict boosted risk appetite. Copper climbed 2% after President Trump’s comments on Iran offering a "present" for negotiations, though U.S. troop movements and uncertainty about Iran's response dampened optimism. Copper has gained 3% this week, recovering from a recent 11% slump. Aluminum, however, fell due to shipping constraints from the Strait of Hormuz. Goldman Sachs raised aluminum’s price foreca

Copper and most metals rose as optimism around U.S. diplomatic efforts to end the Middle East conflict boosted risk appetite. Copper climbed 2% after President Trump’s comments on Iran offering a "present" for negotiations, though U.S. troop movements and uncertainty about Iran's response dampened optimism. Copper has gained 3% this week, recovering from a recent 11% slump. Aluminum, however, fell due to shipping constraints from the Strait of Hormuz. Goldman Sachs raised aluminum’s price forecast despite weaker global demand.