Copper Hits Fresh Record on Fears of Global Supply Squeeze

Core Viewpoint - Prices of the metal have reached a new record high due to traders in the U.S. stockpiling amid supply concerns and optimism regarding a potential rate cut next week [1] Group 1 - The increase in prices is attributed to fears surrounding supply shortages [1] - There is a growing optimism among traders about a possible interest rate cut in the upcoming week [1]