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Copper Prices

Copper Prices are widely followed in the commodity sector. Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards. Copper is mined in open mines around the world, with Chile and the United States leading in overall copper production. The demand for copper is increasing as countries such as China and India continue to develop, while the supply remains tight. The growing demand and constrained supply is likely to keep copper prices volatile in the near future. Copper prices are commonly quoted in USD.

Copper Price Chart (USD)

Copper Price News, Analysis, and Forecast

Oil Consolidates After Brent Collapse to Six-Month Low
Brent oil fell to a six-month low below $50 in anticipation of Iranian output, as nuclear deal won support from the Gulf Arab allies.
Oil at Five-month Low as Iran Positions for Post-sanction Exports
Oil staged big loss as reports of projected Iranian oil heightened an existing supply glut. Both WTI and Brent oil are at their multi-month lows
Copper Jumps On Supply Disruption and Chinese Market Recovery
Copper jumped on a second day, prompted by a combination of supply disruption and Chinese stock market recovery. Commodity prices also lifted with US dollar in a third day of losses.
Commodities Recover As China Assures Stock Market Support
Copper cut losses in morning Asia trade after hitting six-year low yesterday in fears of a breakdown in China demand following stock market rout. Oil also stabilized although it entered bear market.
Gold Pares Losses But Downside Looms Ahead of FOMC Meeting
Gold recovered in Asia trade after it crashed to a five-year low on Friday. WTI extended drop as US rig count increased for the third week
Crude Oil Breaks 50 Dollar Mark On Surprise US Stockpile Growth
WTI oil crashed below $50 after a weekly governmental report showed crude inventories rose versus an expected drop. Copper demand on LME reached the lowest level in two years.
Gold Steadies After Asia Sell-off But Still Vulnerable
Gold steadied after it dipped to a five-year low level yesterday. US dollar index reached three-month high that put pressure on commodities prices
Oil Halts Decline After Eurozone Provisioned For New Greek Bailout
Oil prices find support after a new three-year bailout for Greece was agreed in principal, while gold touches yearly low
Gold Eyes Yearly Low As Fed Signals Interest Rate Rise
Gold prices are hammered after Fed Chair Yellen reiterated the case for interest rate rise in 2015. Safe haven demand for gold also wanes as Greek situation looks to the bright side
Crude Oil, Copper Find Support as Chinese Equities Rebound
Copper scored a third consecutive daily advance as equities rebounded in China after escalating measures by the government.