Copper Price per Pound

Copper (COMEX future, USD/lb).

Copper is nicknamed “Dr. Copper” – a growth barometer, given its broad use in construction, industry and electrification. Its main drivers are Chinese demand, mine supply and the build-out of renewable energy.Copper currently trades at 6.6920 and is +17.8% year to date, +30.6% over twelve months. Within its 52-week range it sits at 90% between the low (4.8900) and high (6.8900).

Data and Charts: Copper

Price6.6920
2026+17.8%
1Y+30.6%
52W

The chart shows daily closing prices and is set to the current year by default. The price is up 17.8% year to date and up 30.6% over twelve months. The last recorded close on October 9, 2026 was at 90% of the 52-week range.

Price series from our database since Jan 3, 2023, 944 daily values.

Data note 1

Performance

Performance
Year to date+17.8%1 month-2.9%
3 months+6.5%1 year+30.6%
Calendar year 2024+3.5%
Calendar year 2025+41.1%

Data note 2

Next Events

Data note 3

Technical Analysis: Copper

Risk Metrics

Max drawdown-25.2%
Annualized volatility27.7%
Best year2025: +32.3%
Worst year2024: +2.3%

Data note 4

Correlations (90 Trading Days)

Correlations (90 Trading Days)
Instrumentr−1 … +1
Freeport-McMoRan Inc.+0.74
Southern Copper Corporation+0.72
Silver+0.69
Altria Group Inc.-0.42
Everest Group Ltd.-0.37
Verisk Analytics Inc.-0.34

The strongest co-movers are listed at the top, the strongest inverse movers at the bottom. Low or negative correlations can help spread risk more broadly across a portfolio.

Data note 5

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