Copper Price Traded at US$4.35 per Pound This Morning (Monday, September 23, 2024)
- A Small Font
- A Medium Font
- A Bigger Font
Investing.com notes that the price of copper today rose 0.39 percent to US$4.35 per pound. This price increase is relatively high compared to the average price movement over the past week.
This week, copper prices saw their highest surge on Monday, September 23, 2024, at 0.39 percent. It has strengthened by 11.45 percent compared to its year-to-date position.
The current situation is similar to the copper price movement in the last 24 hours, which is currently on an upward trend.
Over the past week, copper prices have grown by 2.88 percent, with an average daily transaction price of US$4.32 per pound. As a result, throughout 2024, copper prices have risen 11.45 percent from their year-to-date position of US$3.9 per pound. From its highest price this year at US$5.11 per pound, the price of copper has fallen 14.9 percent.
Annually, the average copper price trade over the past five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to increase. The highest average monthly price for copper was recorded in May 2024 at US$4.76 per pound.
"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."
Related Data
Latest Data Stories
Trending Topics
Popular Data