Copper Price (Global) COPPER / USD Commodity

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Asset COPPER / USD

Latest Price 12,986.6

Price Change % Calculating...

Price Change X Calculating...

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Volatility % 3.86%

Win Rate % 77.8%

CAGR % +132,995,110.63%

Best Month % +10.14%

Worst Month % -1.01%

Max Drawdown % -1.66%

Period High 12,986.61

Period Low 9,172.70

From High % +0.0%

From Low % +41.6%

Sharpe Ratio 1.04

Months >Avg % 40.0%

Price Chart Percentage Gains

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Price Overlay ChartPercentage Gains

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What is Copper Price (Global)?

The price of copper, a vital industrial metal, reflects global economic health and manufacturing activity. Its widespread use in construction, electronics, and transportation makes it a bellwether for economic trends. Supply is influenced by mining output, geopolitical stability in producing regions like Chile and Peru, and labor relations. Disruptions in these areas can lead to price volatility. Demand is driven by industrial production, particularly in emerging economies undergoing infrastructure development. Green energy initiatives, such as electric vehicles and renewable energy grids, are increasingly significant demand drivers, requiring substantial amounts of copper. Fluctuations in the copper price can impact inflation, corporate earnings in related industries, and investment decisions. Its sensitivity to both supply-side shocks and global economic growth makes it a closely watched commodity for investors and policymakers alike.

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Data sources

COPPER: Federal Reserve Economic Data (FRED)

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