What factors affect copper prices?

There are a few key influences when it comes to copper prices. It’s not a simple science, and predictions can only go so far. The major factors contributing to copper prices are supply and demand, economic growth, inflation, and the value of the dollar. As with most investments, supply and demand dictates in large part how copper prices move.

What is the current price of copper?

Copper is currently priced at $ 3.83 per lb. You can see historical information on copper prices and the metal’s year-to-date performance at the top of the page. Why are copper prices different on exchanges? Different exchanges and brokers list different live copper prices because of several reasons.

Is copper a good investment?

The short answer is yes, physical copper bullion can play a relatively small but vital role within a diversified investment portfolio. Copper serves as a store of value over time. Since it is a hard asset, copper is likely to go up in the future as the dollar depreciates.