Copper Falls as Democratic Sweep of U.S. Congress Spurs AI Regulation Fears

Morningstar ·

Copper prices fell to their lowest levels since late July as the Democratic sweep in the U.S. midterms raised questions about whether tighter regulatory oversight could slow the expansion of AI infrastructure, weighing on demand for the metal.

By Giulia Petroni

Copper prices fell to their lowest levels since late July as the Democratic sweep in the U.S. midterms raised questions about whether tighter regulatory oversight could slow the expansion of AI infrastructure, weighing on demand for the metal.

Three-month copper futures on the London Metal Exchange slipped 0.2% to $13,744 a metric ton on Friday, putting them on track for a weekly loss of nearly 3%, amid a broader selloff in technology stocks driven by concerns over tighter AI regulation.

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