Copper Price Drops Toward US$5.48 /Pound (Tuesday, March 24, 2026)
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Investing.com recorded that today's copper price fell 0.17% to the level of US$5.48 per pound. This price drop is quite high compared to the average price movement in the last week.
Copper prices saw their highest weekly jump on Monday, March 23, 2026, at 3.45%. Meanwhile, trading since the start of the year has continued to decline with a year-to-date growth of -4.72%.
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Current conditions are similar to the copper price movement in the last day, which is in a downward trend.
In the last week, copper price movement grew -5.95% with an average daily transaction price of US$5.5 per pound. As a result, throughout 2026, copper prices have fallen 4.72% from the start-of-year level of US$5.76 per pound. Meanwhile, so far this year, the highest trading value for the copper commodity was transacted at US$6.2 per pound on Thursday, January 29, 2026.
Annually, the average trading price of copper in the last five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months tend to rise. The highest average monthly price of the copper commodity was recorded in January 2026 at US$5.91 per pound.
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"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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