Copper Steady as Traders Weigh US-Iran Deal Prospects

Copper ended Monday little changed, holding steady after a two-day loss as traders weighed mixed signals around US-Iran peace talks

US President Donald Trump said he’d called off a strike on Iran planned for Tuesday after an appeal by the leaders of Persian Gulf allies, who called for more time to pursue a diplomatic resolution. Metals traders are watching Middle East develoments for their impact on global growth and amid inflation concerns driven by higher energy prices.