Copper Prices Rise to US$4.68 per Pound (Thursday, May 22, 2025)
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Investing.com notes that the price of copper today rose 0.07% to US$4.68 per pound. This price increase is relatively high compared to the average price movement over the last week.
This week, copper prices saw their highest surge on Monday, May 19, 2025, at 1.67%. It has strengthened by 15.97% compared to its year-to-date position.
The current situation completes the copper price movement over the last two days, which has been in a downward trend.
Over the past week, copper prices grew by 0.54%, with an average daily transaction price of US$4.65 per pound. Compared to the price at the beginning of the year, the copper price has grown by 15.97%. The highest trading value for copper this year was recorded at US$5.22 per pound, which occurred on Wednesday, March 26, 2025.
Annually, the average trading price of copper over the last 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 March 2025 at US$4.91 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."
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