Cheveley: Copper Being Dragged to US by Tariff Threats

Market Intelligence Analysis

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Copper prices have trimmed losses after a two-day drop, while gold has advanced above $4,900 an ounce due to dip-buyers in thin holiday trading.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

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Gold advanced back above $4,900 an ounce as dip-buyers snapped up the metal after a two-day drop. Meanwhile copper rose, trimming losses earlier in the week, as risk assets including equities advanced in thin holiday trading. George Cheveley, Natural Resources Portfolio Manager at Ninety One spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the market performance. (Source: Bloomberg)

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Original article published by Bloomberg on February 18, 2026.
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