Copper Price Chart

How the copper market trades

Copper is the industrial bellwether — “Dr. Copper” is said to hold a PhD in economics because construction, grids, and manufacturing consume so much of it that its price tracks global activity. China, the largest consumer by far, sets the demand tone; purchasing-manager surveys and stimulus announcements move the chart.

The metal trades on COMEX in US cents per pound and on the London Metal Exchange in dollars per tonne, with exchange warehouse inventories watched as a real-time gauge of tightness. Longer-term, electrification — EVs, grids, data centres — is the demand story that frames the 5Y and MAX views.

How to read the copper chart

Use the timeframe buttons (1D, 1W, 1M, 3M, 1Y, 5Y, MAX) to change the period shown. Short timeframes capture intraday volatility, while the 1-year, 5-year, and MAX views reveal whether Copper is in a long-term uptrend, downtrend, or trading range. The line is shaded green when the price rose over the selected period and red when it fell.

Trends, support, and resistance

A series of higher highs and higher lows signals an uptrend; lower highs and lower lows mark a downtrend. Support is a level where buyers have repeatedly stepped in, while resistance is where sellers have capped rallies. These are reference points, not guarantees.

A chart describes the past; it cannot predict the future. Pair what you see with an understanding of what moves the copper price, and review the historical performance table for context. Nothing here is financial advice — see our disclaimer.