COMEX copper futures posted a 2.10% gain in 2023 and moved 2.99% higher in Q1 2024, settling at $4.0070 per pound at the end of March. One month later, the price was over the $4.50 level, with… more
Copper
The London Metal Exchange (LME) was founded in 1877. The LME is the world center for the trading of industrial metals. The majority of all non-ferrous metal futures business is transacted on the… more
As markets head into the final month of 2022, market participants continue to face uncertainty as the war in Ukraine continues, the Fed is battling the highest inflation in decades, gridlock in… more
February 2019 was an excellent month for the prices of two high-profile metals that trade on the futures exchanges. Gold is a metal that has many roles. The yellow metal is a go-to favorite when… more
In my January 13 article, A Look at the Copper Market, I wrote, "...the support level at $2.72 may become more and more distant in the market's rearview mirror." Since the day I made that… more
Today's Lows are Tomorrow's Highs
Copper fell 15.78% on COMEX and 14.59% on the London Metal Exchange in 2014. Copper has been making lower highs and lower lows since July 2014. The copper… more