Copper Rises to Six-Week High as Iran Talks Hope Aids Metals

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Copper rose to the highest level in more than a month as most industrial metals rallied on optimism that the US and Iran will restart peace talks.President Donald Trump said Tehran had reached out to his administration on potential peace talks, even as the US began a naval blockade of the Strait of Hormuz. Iran has left the door open for further discussions, yet investors remain wary of renewed volatility due to the risk of escalation.