Copper Price This Morning Traded at US$4.06 per Pound (Friday, September 6, 2024)
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Copper prices fell on Friday, September 6, 2024. Today's copper price traded at US$4.06 per pound, lower than the previous day's US$4.14 per pound. This is contrary to the upward trend observed in copper prices over the last 24 hours.
Over the past week, copper prices have decreased by 3.74 percent, with an average daily transaction price of US$4.14 per pound. Compared to the beginning of the year, copper prices have increased by 4.25 percent. However, from its yearly high of US$5.11 per pound, the price has fallen by 20.4 percent.
Annually, the average copper price trade over the past five years shows an upward trend. Meanwhile, monthly price monitoring over the past 12 months also indicates an upward trend. The highest average monthly price for copper was recorded in May 2024 at US$4.76 per pound.
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