Gower: Copper Likely to Remain Well Supported

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Copper prices are expected to remain stable due to uncertainty around US tariff policy and its impact on broader markets, leading to a decline in the US dollar. This trend is also observed in gold and silver prices. The US Supreme Court's ruling against President Trump's trade duties has further contributed to this market sentiment.

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Market impact analysis based on bullish sentiment with 90% confidence.

المشاعر
Bullish
ثقة الذكاء الاصطناعي
90%
الأفق الزمني
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Copper rose for a second day as uncertainty around US tariff policy and its impact on broader markets drove a decline in the dollar. Meanwhile gold & silver also traded higher over tariff uncertainty. The US Supreme Court ruled against President Donald Trump's use of emergency powers to set reciprocal trade duties, prompting the administration to roll out an alternative 15% global levy. Amy Gower, Metals & Mining Commodities Strategist at Morgan Stanley spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche. (Source: Bloomberg)

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المقال الأصلي منشور بواسطة Bloomberg في فبراير 23, 2026.
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