Benchmark three-month copper on the London Metal Exchange (LME) rose 0.2% to $13,626.50 a metric ton on Friday, putting the metal on course for a modest weekly gain.
The advance came as equity markets outside the United States tightened, providing a supportive backdrop for industrial metals despite broader macro caution.
The price action reflects a market balancing persistent supply-side constraints against cautious positioning ahead of key US economic data.
Traders remain focused on the upcoming release of US consumer price index (CPI) figures, which could influence the dollar and risk sentiment heading into the weekend.
This week’s performance builds on earlier gains, with LME copper rising 0.29% to $13,661 a metric ton on Tuesday.
That move was driven by ongoing concerns over supply tightness and robust purchasing activity from China, which continues to underpin demand for the red metal.