Due to increasing concerns about global economic growth, copper prices fell to the lowest level in three months

BlockBeats News, March 23rd. Due to the escalating Middle East geopolitical tensions, investor risk appetite has significantly cooled down. Market concerns about global inflation and economic growth continue to rise, putting downward pressure on copper prices. LME Copper fell 1.8% on Monday, following its largest weekly drop since April 2025 the previous week (6.7%). The current price has hit a three-month low. Analysts believe that the four-week-long Iran conflict-induced surge in oil and gas prices may further weigh on global economic activity, exacerbate inflationary pressures, and potentially prompt central banks worldwide to maintain a more aggressive stance on interest rate policies.