Copper Retreats From Record Close as Purchases in China Slow
AI Summary
Copper prices have retreated from their record-close levels due to a slowdown in purchases from China. This shift follows investors' cautious monitoring of high-profile international meetings that may influence market movements.
Copper retreated from a record-high close as the rally started to deter purchases in China, where investors were monitoring the summit between Chinese leader Xi Jinping and US President Donald Trump.