Copper drops to lowest since July on AI slowdown fears, tariff doubts

Seeking Alpha · Carl Surran · 2026-11-06 13:44 UTC

Copper fell to its lowest since July as investors worry that a Democratic sweep in the US elections could threaten the expansion of AI infrastructure and lower the risk of US import tariffs.

Copper prices fell Friday to their lowest levels since late July, as investors worry that a Democratic sweep in the U.S. midterm elections could threaten the rapid expansion of artificial intelligence infrastructure and lower the risk of U.S. import tariffs on the metal.

Quick Insights

- Investors fear a Democratic sweep could weaken AI infrastructure expansion and reduce the likelihood of U.S. import tariffs, pressuring copper prices.

Read the full story at Seeking Alpha · All coverage of this story