London copper ticks up but heads for weekly loss

Business Recorder • Oct 16, 2026

London copper inched higher on Friday but headed for a weekly loss amid concerns over rising inflation and a selloff in AI-related stocks, while aluminium was on track for a fourth straight weekly decline. Benchmark three-month copper on the London Metal Exch...

London copper inched higher on Friday but headed for a weekly loss amid concerns over rising inflation and a selloff in AI-related stocks, while aluminium was on track for a fourth straight weekly decline. Benchmark three-month copper on the London Metal Exchange rose 0.3% to $14,383.50 a metric ton by 0150 GMT but was down 1% for the week. The most-traded copper contract on the Shanghai Futures Exchange fell 0.1% t...