Copper Declines as Iran War Stokes Inflation, Growth Concerns

Bloomberg Copper slipped amid a broad selloff across risk assets as the deepening war in the Middle East stoked concerns about inflation and global growth. Declines in equities and bonds accelerated after CBS reported the US is preparing to deploy ground forces into Iran. Copper fell 1.8% to settle at $11,929.50 a metric ton in London, ending the week with a 6.7% loss, the steepest in almost a year. Most Read from Bloomberg Higher prices for oil and gas will hurt manufacturing and economic activity wo ...