Copper prices have soared 30% this year, largely driven by US buyers trying to stockpile the red metal due to anxiety around potential tariffs. Copper prices have outpaced gold, which has gained 16%, and far outpaced the major US stock indexes this year. With Capital.com’s comprehensive copper chart you can quickly find the latest copper spot price and trace the historical value of the metal over the years.

In the United States, the price of copper stays about the same and isn’t especially high. After hitting a three-month low of $4.02 on December 20, copper prices went up to $4.06 per pound. Electrification is a key part of both the US and European clean energy business plans, but stocks are currently low. Now, the primary factor that is driving the price increase is the fear of supply shortages. Market dynamics may be learned from long-term copper price per pound movements. Read on to find out about how copper prices xrp (ripple) trading compare to precious metal prices like gold and silver.

They popularized the use of bronze (mixed in with tin) which ushered in the Bronze Age from 2,500 BC to about 800 BC. Bronze is much harder, and it was used for many tools including weapons. Today, more than 400 copper alloys are in use, including brass which is when zinc is added to the metal. When humanity first began using metals, they probably started with copper. Various artifacts and tools made from copper have been found dating back to 9,000 BC. This is not surprising because virtually pure copper can occur naturally.

GO IN-DEPTH ON Copper PRICE

It has always been highly valued because it’s tough and easy to shape. In the modern era, it remains valuable because it is highly conductive. Even the penny which some people think of as copper is actually 98% zinc since 1983.

We also explain the main price drivers of copper, how you can get copper via bullion dealers, and how you can keep up with copper price news. Au Bullion gives prices for precious metals in real time by following the finexo review market. Our website and mobile app offer ounce-by-ounce gold, silver, and platinum price updates. Someone on our team sends an automated SMS or email when a market goal price is reached. By using this strategy, you may focus on your most critical tasks and profit from market changes. The dollar index increased more than three percent between January 2023 and early October 2023, hence driving import costs.

Why choose Capital.com? Our numbers speak for themselves.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.89% per year. These returns cover a period from January 1, 1988 through March 3, 2025. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

Pay less, trade more

• Analysts, journalists, and economists are generally more interested in macro-market prices for large quantities of investment or industrial grade metals.
• This includes the Shanghai Metal Exchange (SHME), a non-profit self-regulating corporation.
• This represents a premium of almost 13% over trading on the London Metal Exchange, where the metal just crossed the $10,000 mark.
• Since then, US prices have spiked and traders have rushed to send metal to America ahead of any tariffs, in turn reducing availability in the rest of the world.

The introduction of open pit steam shovel mining and innovations in refining, flotation concentration and other processing steps led to mass production. The energy-efficient process Flash Smelting, first developed and applied in Finland in 1949, accounts for 50% of the world’s primary copper production. You can also participate in “exchange traded funds” that deal with this particular metal. These funds may invest in futures or in the stocks of the miners and sellers of the metal.

Normally $25 each – click below to receive one report FREE:

As mentioned, copper always begins in terms of dollars, so this amount is the same around the globe. Copper prices vary for the same reason as almost any other commodity – changes to the supply or demand for the metal. Similarly, decreases in supply and/or increases in demand lead to a higher price.Now, the factors that can affect these two metrics are often economic or geopolitical concerns. If an economy is suffering or there are inflationary concerns, the demand for copper tends to increase. Changes to trading policies or currency valuations can also cause the price of copper to go one way or the other. There are periods of intense growth or decline, and there are also times when the price drifts one way or the other.

Prices provided by TradingView are for reference only and are indicative. For accurate and real-time pricing, please refer to our trading platform. Read on for the latest analysis of the commodity’s price and potential outlook. As one of the most closely watched economic indicators, Australian inside bar interest-rate projections offer valuable insight into the future of the country’s economy. Gold, silver, and platinum have been used as signs of wealth for more than 5,000 years. No matter how far technology has come, these things are still useful because they have unique qualities.

• The Zacks Consensus Estimate for FCX’s earnings for fiscal 2025 indicates year-over-year growth of 10.1%.
• As prices climb, buyers will seek cheaper substitutions, if available.
• The price witnessed a rally between September 2010 and February 2011, reaching $4.62/lb early in the year, but settling in the $2.00 – $3.00 range for most of the next 10 years.
• Or, more simply, it’s the price to buy the standard amount of metal.How does JM Bullion get its spot prices?
• These returns cover a period from January 1, 1988 through March 3, 2025.

Copper Bullion Dealers

Or, more simply, it’s the price to buy the standard amount of metal.How does JM Bullion get its spot prices? JM Bullion uses live feeds to create an open window for you into the copper market (and the markets of other metals). We update our prices on a minute-by-minute basis so that you can make the most timely decisions about buying and selling possible.What is a bid price? The bid price of any precious metal is the maximum amount that a seller can receive for their metal. So, it’s the price you can charge if you’re selling your metal (absent premiums or other charges).What is an ask price? It is the maximum amount that you can expect to pay if you are buying copper (absent other charges).

Freeport has a policy of distributing 50% of the available cash flows to shareholders and the balance to reduce debt and make investments in growth projects. Globally, Chile is the major exporter of both mined and refined copper, having the largest reserves in the world. Yet declining quality of copper ore and pending risk of a serious earthquake along with political instability risk disrupting supply chains around the world.

Commitment of Traders Positions as of Apr 15, 2025

However, copper on the London Metal Exchange dipped on Wednesday to as low as $9,893 per ton. “There may be a price correction, at least temporarily, as soon as the pull-forward effect on US demand comes to an end,” analysts at Commerzbank said in a Tuesday note. Copper is not a rare earth mineral nor one of the 50 “critical minerals” designated by the US Geological Survey. Please refer to our Risk Disclosure Statement and Terms & Conditions so as to have a better understanding over the risks involved before you start trading. Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

In London, copper prices have also risen, though not to record highs. Since January, copper futures traded in New York have begun to outpace copper futures traded in London, breaking away from their trend of tracking each other. New York copper futures are now trading at a 17% premium, according to Hansen. As the metal is a key material in the construction industry as well as for consumer goods such as electronics and cars, copper demand tends to be economically sensitive. As such, when the global economy slows down, the demand for the metal usually decreases, negatively weighing on its pricing.