Copper Prices Fall to US$4.07 per Pound (Friday, September 6, 2024)
- A Small Font
- A Medium Font
- A Bigger Font
Investing.com notes that the price of copper today fell 1.55 percent to US$4.07 per pound. This price drop is relatively significant compared to the average price movement over the past week.
This week, copper prices reached their highest point on Thursday, September 5, 2024, rising 1.43 percent. Compared to its year-to-date position, it has strengthened by 4.48 percent.
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 -3.53 percent, with an average daily transaction price of US$4.14 per pound. Compared to the price at the beginning of the year, the copper price has grown by 4.48 percent. From its highest price this year at US$5.11 per pound, the copper price has fallen by 20.22 percent.
Annually, the average copper trading price 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