Metal prices fall amid geopolitics and weakness of tech sector

11:38 - 4.06.2026


June 4, Fineko/abc.az. Copper and aluminum continued to decline due to the uncertainty surrounding the situation in the Middle East and pressure from falling technology stocks. Despite hopes for a truce, risks remain, and the pullback in stock markets has increased negative sentiment.

ABC.AZ informs that copper decreased to $13,804 per ton after recent gains and aluminum to $3,700.50. Additional pressure was exerted by a drop in interest in the AI sector, which previously supported demand for metals.