Copper climbed more than 1% on Tuesday after President Donald Trump floated a two‑to‑three‑week timeline for the end of the U.S. war on Iran. The comment sparked a relief rally that lifted risk‑seeking assets battered by global growth fears, sending the metal’s price higher on the spot market.

Copper is a classic barometer for global risk appetite. When geopolitical tensions ease, investors often move back into commodities and equities, pushing copper higher. Trump’s brief statement therefore lifted sentiment across the market, easing pressure on other risk assets such as emerging‑market bonds and high‑yield stocks.

The 1% jump in copper reflects a broader shift in risk sentiment that could influence commodity pricing and capital flows. A tighter risk environment may prompt investors to reallocate from safe‑haven currencies to commodities, potentially supporting further gains in copper and related metals.

With copper already up, traders will watch for any signs that the U.S. stance on Iran stabilizes further. A sustained improvement in geopolitical risk could keep the metal’s price on an upward trajectory, reinforcing the link between global risk appetite and commodity markets.