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.