Citigroup: Copper Prices to Find Support at $13,000/mt, Caution Urged Amid U.S.-Iran Tensions

Published: May 9, 2026 18:42

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Citigroup said on Friday that copper prices were expected to find solid support near $13,000/mt, but also cautioned investors to remain prudent, as a renewed escalation in U.S.-Iran tensions could trigger risk-off sentiment in the market, easily pushing copper prices lower.

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