(Jan 12): Copper rose toward a record, as base metals opened the week in bullish form, aided by concerns over supplies and a weaker dollar. Investors have been piling into hard assets seen as possible winners from US monetary easing, a weaker dollar and the fracturing of supply chains. Copper was 0.9% higher at US$13,116.50 a tonne on the London Metal Exchange at 11.14am in Shanghai (same time as Malaysia). Among other metals, aluminium was up 0.7%, set for the highest close since April 2022 in the aftermath of Russia’s invasion of Ukraine. Tin rose more than 3%, taking gains since the start of the year to 16%.

Source: The Edge Markets January 12, 2026 05:37 UTC