Industrial metals rallied as signals from the US and Israel eased concerns over escalating conflict, boosting investor confidence. Copper and aluminum saw gains amid a broader rebound in commodities.
- Copper and aluminum prices rose as geopolitical risks eased
- US and Israel issued reassurances about the war, calming markets
- Industrial metals rebounded after three days of losses
- Market sentiment shifted from risk aversion to cautious optimism
- HG=F, LME0, CL=F, and XAU=USD reflected resilience in commodity trading
- Materials and energy sectors saw positive momentum
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