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Copper Record Faces Warning as AI Demand Meets Mixed Market Signals

2026-06-08 13:15:58

Copper set a record near $6.63 per pound on June 2 before trading around $6.27, down roughly 6% from that peak. AI data center demand supports the long-term case, but options positioning, the dollar, charts, and hedgers point to a mixed near-term setup.

XCU1.67%

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