Copper Slips as Rising Stockpiles Put Focus Back on Soft Demand

(Bloomberg) — Copper (HG=F) slipped after its biggest one-day advance in more than three years, with investors shifting their focus back to the outlook for Chinese demand after a wild ride for the key industrial metal. Prices traded lower by mid-morning in London, after surging 4.6% on Tuesday for the biggest gain since November 2022. Base and precious metals have faced extreme volatility this year, with gold and silver rallying on Wednesday after a steep drop earlier in the week as investors rapidly unwo ...