A post by @FirstSquawk on X.

Copper fell as much as 1.5% to about $13,642 per ton on the London Metal Exchange, its lowest level since July, as the looming US election clouds the outlook for AI-driven demand and potential tariffs. The drop reflects investor worry that political change in Washington could reshape trade policy and spending tied to data-center and power infrastructure buildouts. Copper’s slide matters because the metal is a key input for AI infrastructure and electrification, making its price a proxy for expected industrial demand. Traders will watch the US vote and any subsequent tariff signals for direction on demand expectations.