Copper fell to 4.82 USD/Lbs on October 1, 2025, down 0.06% from the previous day. Over the past month, Copper's price has risen 5.34%, and is up 4.85% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on October of 2025.

About This Dataset: Copper Prices and Market Trends

    This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.

    ### **Key Features of the Dataset**

    #### **Live Market Data and Updates**
    Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.

    #### **Interactive Copper Price Charts**
    Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.

    ### **Factors Driving Copper Prices**

    #### **1. Supply and Demand Dynamics**
    Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.

    #### **2. Economic and Industry Trends**
    Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.

    #### **3. Impact of Currency and Trade Policies**
    As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.

    ### **Applications and Benefits**

    This dataset supports **commodity investors**, **traders**, and **industry professionals**:

    - **Investors** forecast price trends and manage **investment risks**. 
    - **Analysts** perform **market research** using price data to assess **copper futures**. 
    - **Manufacturers** optimize supply chains and **cost forecasts**.

    Explore more about copper investments on **Money Metals**:

    - [**Buy Copper Products**](https://www.moneymetals.com/buy/copper) 
    - [**95% Copper Pennies (Pre-1983)**](https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4) 
    - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)

    ### **Copper Price Comparisons with Other Metals**

    Copper prices often correlate with those of **industrial** and **precious metals**:

    - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
    - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.

    These correlations help traders develop **hedging strategies** and **investment models**.

    ### **Data Variables and Availability**

    Key metrics include:

    - **Copper Price Per Pound:** The current market price in USD. 
    - **Copper Futures Price:** Data from **COMEX** futures contracts. 
    - **Historical Price Trends:** Long-term movements, updated regularly. 

    Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.

    ### **Conclusion**

    Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.

    For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).

Gold and silver prices increased over the course of 2021, but these did not grow as fast as the prices of iridium and, especially, rhodium. According to a comparison of price indices, the price for rhodium - a precious metal similar to platinum and used especially in catalytic converters of cars - was ten times higher in April 2021 than it was in January 2019. The price hike for rhodium was apparently caused by coronavirus-related lockdowns implemented in South Africa, where mining companies had to close for several weeks.

The Global Precious metals Market size is expected to grow at a CAGR of 5.6% during the forecast period by 2028. The growth can be attributed to industrial applications such as jewelry and medical devices which are anticipated to increase demand for gold and silver medal, respectively over the forecast period.

Precious metals are a group of elements that have been used for centuries to create some of the most beautiful and highest quality objects in history. Gold, silver, platinum, and palladium are precious metals while copper is not typically categorized as a precious metal because it is so abundant on earth. The beauty of precious metals is not their only value. They are also used in applications that range from industry to financial services and even consumer goods such as jewelry.

On the basis of Type, the market is segmented into Gold, Silver Metal, Platinum Group Metals.

Gold:

Gold is a chemical element with the symbol Au and an atomic number of 79. It has been a highly sought-after precious metal for coinage, jewelry, and other arts since the beginning of recorded history. The metal occurs as nuggets or grains in rocks, underground veins, and in alluvial deposits. Gold is dense, soft, shiny and the most malleable and ductile pure metal known to man which means it can be beaten into thin sheets (0.0000001 mm) but not dissolved by any acid.

Silver Metal:

The term ‘silver metal’ is used to refer to the silver-rich alloy of metals. The alloys are also known as Ag or sterling, which has high purity and includes copper, nickel, zinc, etc. Silver metal is increasingly preferred over other precious metals due to its low cost in comparison with gold and platinum group metals (PGM).

Platinum Group Metals:

Platinum Group Metals are a group of metals that have been traditionally used in the industry, but lately, they have become popular for other applications as well. The main features of Platinum Group Metals are that they can be worked into almost any shape or form and their price remains stable even when the market becomes very volatile.

On the basis of Application, the market is segmented into Industry, Consumer Sector, Financial Sector.

Industry:

In the industry sector, precious metals are used in many different aspects of production. This includes anything from electronics to car manufacturing and even healthcare applications. A lot of technology devices require these materials for their construction, most notably smartphones. Smartphone manufacturers use gold foils on circuit boards due to their low electrical resistance properties that help with signal transmission between components.

Consumer Sector:

Precious metals are used in various consumer electronics. The use of gold, silver, and platinum for manufacturing electronic equipment has increased due to the increasing penetration of smartphones, tablets, etc., which have grown rapidly over the past decade or so. The consumer sector is expected to be the largest market for precious metals, and this trend will continue over the forecast period.

Financial Sector:

Gold and silver are used in a range of financial products, from coins to bars. Gold has been held as an asset for thousands of years because it is scarce, durable, liquid, and does not need any other material to produce jewelry or be shaped into ornaments. Silver's physical characteristics have also resulted in its widespread use in industry: being highly conductive means that silver metal dramatically lowers energy costs when compared with traditional materials such as a copper wire.

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The North American market is expected to account for the largest share, due to its increasing demand from several end-use industries. The U.S., which contributes a major share of this region’s revenue, has been witnessing an upsurge in public and private investment opportunities across different sectors such as the oil & gas exploration and the construction industry. This trend is likely to boost the availability of raw materials required by downstream segments including Gold Jewelry manufacturer companies, thereby driving growth over the next few years. The Latin American market is estimated to be the fastest-growing during the forecast period. The Asia Pacific will witness significant growth due to factors such as developments in the mining industr

Silver prices have reached their highest level since 2011, fueled by U.S. tariff concerns and increased investor interest, outpacing gold's growth.

Explore the fluctuating prices of major metals including gold, silver, copper, aluminum, and iron ore per ton, influenced by market demand, geopolitical factors, and economic conditions as of October 2023. Understand the impact of industry trends and global trade on these prices.

Copper is an important mineral and fluctuations in copper prices can affect the stable functioning of some countries’ economies. Policy makers, futures traders and individual investors are very concerned about copper prices. In a recent paper, we use an artificial intelligence model long short-term memory (LSTM) to predict copper prices. To improve the efficiency of long short-term memory (LSTM) model, we introduced a simulated annealing (SA) algorithm to find the best combination of hyperparameters. The feature engineering problem of the AI model is then solved by correlation analysis. Three economic indicators, West Texas Intermediate Oil Price, Gold Price and Silver Price, which are highly correlated with copper prices, were selected as inputs to be used in the training and forecasting model. Three different copper price time periods, namely 485, 363 and 242 days, were chosen for the model forecasts. The forecast errors are 0.00195, 0.0019 and 0.00097, respectively. Compared with the existing literature, the prediction results of this paper are more accurate and less error. The research in this paper provides a reliable reference for analyzing future copper price changes.

The annual average of London fix price for one ounce of silver in 2023 was ***** USD U.S. dollars. The global silver industry Silver is a soft, white, malleable metal that has the highest electrical and thermal conductivity of all metals. Silver is most commonly used to make coins, jewelry, and silverware. It is typically produced as a byproduct of copper, gold, lead, and zinc refining. The estimated global mine production of silver in 2023 was ****** metric tons. The leading country in silver production in 2023 was Mexico. In that year, Mexico produced about ***** metric tons of silver. Peru had the largest silver reserves worldwide, amounting to ******* metric tons as of 2023. Silver in the United States Silver exports from the United States have been fluctuating since 2008. In 2023, the United States exported about ** metric tons of silver, a significant decrease from the *** metric tons they exported in 2012. U.S. imports of silver for consumption, meanwhile, amounted to ***** metric tons in 2023.

Explore the dynamic factors influencing metal prices, including supply-demand dynamics, geopolitical tensions, and market speculation. Key metals like gold, silver, copper, and aluminum reflect various economic conditions. Understand how these elements affect industries from jewelry to electronics, and why staying informed is crucial for investors.

Discover all the exchange data, pricing and fundamentals, and research findings you'll need from the commodities metals market with LSEG's data options.

Nonferrous metals are metals that lack iron. Nonferrous metals include precious metals like gold, silver, platinum and palladium and base metals like aluminum, copper, zinc, titanium, lead and molybdenum. The Bureau of Labor Statistics tracks the combined price of nonferrous metals using an index with base of 1982, which is used in this report. Forecasts are sourced from the World Bank.

The non-ferrous metals market, encompassing light metals (aluminum, magnesium), heavy metals (copper, lead, zinc), precious metals (gold, silver, platinum), semi-metals, and rare earth elements, is experiencing robust growth. Driven by the expanding automotive, construction, and electronics sectors, the market is projected to maintain a significant Compound Annual Growth Rate (CAGR). Increased demand for lightweight materials in vehicles to improve fuel efficiency and electric vehicle (EV) production is a major catalyst. Furthermore, the burgeoning renewable energy sector, particularly solar and wind power, relies heavily on non-ferrous metals for component manufacturing, fueling further market expansion. Growth in building and infrastructure development in emerging economies also contributes significantly to demand. However, price volatility of raw materials, supply chain disruptions, and environmental concerns related to mining and processing pose challenges to market growth. The market is segmented by application (automotive, electricity, building materials, home appliances, machinery manufacturing) and metal type, with aluminum and copper currently dominating the market share due to their wide applicability across diverse industries. Specific regional growth varies, with Asia-Pacific, particularly China and India, expected to lead due to rapid industrialization and infrastructure development. North America and Europe also contribute substantially, driven by strong automotive and construction sectors. The competitive landscape is characterized by a mix of large multinational corporations and smaller specialized players. Major companies are investing heavily in research and development to improve metal extraction techniques, develop sustainable practices, and create innovative alloys with enhanced properties. Strategic partnerships and mergers & acquisitions are also shaping the market dynamics. The future of the non-ferrous metals market hinges on technological advancements, governmental regulations related to sustainability, and the global economic outlook. Addressing the challenges of sustainable mining and recycling will be crucial for ensuring long-term market stability and responsible growth. The market is expected to witness a continued expansion driven by the aforementioned factors, presenting significant opportunities for stakeholders across the value chain. A focus on innovation and sustainability will be key to navigating market fluctuations and capturing significant market share.

LME Index rose to 4,416.10 Index Points on September 29, 2025, up 1.89% from the previous day. Over the past month, LME Index's price has risen 4.12%, and is up 3.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on October of 2025.

The global jewelry master alloy market is experiencing robust growth, driven by increasing demand for high-quality jewelry across diverse applications. The market, estimated at $10 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching approximately $15 billion by the end of the forecast period. This expansion is fueled by several key factors, including the rising popularity of gold and silver jewelry in emerging economies like India and China, coupled with a growing preference for customized and designer jewelry pieces. Technological advancements in alloying techniques are enhancing the quality, durability, and aesthetics of jewelry, further boosting market demand. The increasing disposable income in developing nations and a shift towards personalized luxury items are additional contributing factors. The market is segmented by application (rings, bracelets, necklaces, others) and type (white gold, red gold, silver, copper, and other master alloys). White gold master alloys currently hold a dominant market share owing to their versatility and affordability. However, the demand for other alloys, such as those with enhanced color or durability, is also witnessing significant growth. Key players like WR Cobb, Legor Group, Heraeus Precious Metals, and United Precious Metal Refining are strategically investing in research and development and expanding their global footprint to capitalize on this lucrative market opportunity. Regional growth is expected to be particularly strong in Asia-Pacific, driven by the substantial increase in jewelry consumption in China and India. While the market presents significant opportunities, certain challenges remain. Fluctuations in precious metal prices pose a significant risk to manufacturers' profitability. Furthermore, growing environmental concerns related to mining and processing of precious metals are compelling the industry to adopt sustainable practices. Meeting these stringent environmental regulations and securing a reliable supply chain are crucial factors influencing long-term market growth. Competition among established players is intense, necessitating continuous innovation and product differentiation to maintain a competitive edge. However, the overall outlook for the jewelry master alloy market remains positive, with promising growth projections for the foreseeable future.

The global high conductivity materials market is experiencing robust growth, driven by the increasing demand across diverse sectors like electronics, aerospace, and renewable energy. The market, estimated at $50 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching an estimated value of approximately $80 billion by 2033. This growth is fueled by several key trends, including the miniaturization of electronic devices necessitating high-performance materials, the expansion of electric vehicle (EV) production requiring advanced copper and aluminum components, and the rising adoption of renewable energy technologies like solar panels and wind turbines which rely heavily on high conductivity metals. Furthermore, government initiatives promoting energy efficiency and technological advancements in material science are contributing to the market's expansion. Despite the positive outlook, certain restraints pose challenges to the market's consistent growth. Fluctuations in the prices of raw materials, particularly precious metals like gold and silver, impact profitability and market stability. Geopolitical uncertainties and supply chain disruptions also present potential risks. However, the ongoing innovation in material science and the development of alternative high-conductivity materials are likely to mitigate some of these challenges. Segmentation analysis reveals that copper and aluminum dominate the market due to their cost-effectiveness and wide-ranging applications in various sectors. The electronics segment is the largest application area, accounting for a significant portion of the overall market share. Geographically, North America and Asia Pacific are expected to remain key regions driving market growth, fueled by robust industrial development and technological advancements. This in-depth report provides a comprehensive analysis of the high conductivity materials market, projected to reach a value exceeding $250 million by 2030. We delve into market dynamics, key players, and future trends, offering invaluable insights for stakeholders across the electronics, aerospace, and energy sectors. This report is essential for businesses seeking to navigate the complexities of this rapidly evolving market.

Loss graph of the LSTM model at different steps of the simulated annealing model.

Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Price-To-Tangible-Book-Ratio Time Series for Silvercorp Metals Inc. Silvercorp Metals Inc., together with its subsidiaries, acquires, explores, develops, and mines mineral properties in China. It explores for copper, silver, gold, lead, and zinc metals. The company was formerly known as SKN Resources Ltd. and changed its name to Silvercorp Metals Inc. in May 2005. Silvercorp Metals Inc. is based in Vancouver, Canada.

The global Copper cathode market will expand significantly by xx% CAGR between 2024 and 2031.

The demand for high-quality level types is rising in the global Copper cathode market. 


Demand for electronic product applications is rising in the global Copper cathode market. 


Demand for electronic refining processes is rising in the global Copper cathode market. 


Demand for consumer durable goods is rising in the global Copper cathode market. 


Asia Pacific region will continue to lead, as dominating region and highest compound annual growth rate in the forecast year 2024 to 2031.

Current scenario of the copper cathode market

Key drivers of the copper cathode market

Growing demand from electrical industries is driving the copper cathode market .

Copper cathode is used in a variety of industries, including chemical laboratories and the oil and gas industry. It is used in various types of electrical equipment, electronic circuits, power transmission, telecommunication, and power generation. In the electro-refining process, copper cathode is used to filter out any remaining impurities from copper ore. Traces of gold, silver, nickel, and other metals are present in copper ore. The use of copper cathode has several benefits. For instance, it is a good electrical conductor. It possesses powerful resistance properties. Refined copper cathode can be utilized for goods that are easy to install and don't require a high degree of conductivity.

Growing advancement in the refining process is driving the copper cathode market .

Improvements in refining technology, the availability of high-grade cathode standards, strict cast rod requirements, and these factors taken together are driving the increase. The expansion is being driven by improvements in refining technology, the availability of high-grade cathode standards, stringent standards for cast rods, and these things together. The development of the global copper cathode market is also influenced by improved cathode sampling and analytical technologies needed for specification compliance verification.

Key restraints of the copper cathode market

Growing fluctuations in copper prices hamper the copper cathode market expansion.

The availability and appeal of replacement items, interest rates, economic growth, and political issues are some of the major determinants of the metal's price changes. The third-most-used metal in the world, after iron and Aluminium, copper's price volatility is having a substantial effect on demand worldwide.

Key Trends in the copper cathode market

Surge in Demand from Renewable Energy and EV Sectors

The global initiative towards decarbonization has led to a notable rise in the demand for copper cathodes, predominantly driven by the renewable energy and electric vehicle (EV) industries. Copper plays a crucial role in wind turbines, solar panels, EV batteries, and charging infrastructure due to its excellent electrical conductivity. With governments providing incentives and policy backing for the adoption of clean energy, the copper cathode market is experiencing a significant increase in consumption.

Investment in Smelting and Refining Capacity to Address Supply Bottlenecks

In response to the growing demand, the global copper sector is making substantial investments in enhancing smelting and refining capacities to mitigate supply chain challenges. Numerous regions, particularly in Asia and Africa, are enhancing their domestic capabilities to convert copper ores into high-purity cathodes, with the goal of decreasing reliance on imports. Furthermore, scrap recycling is gaining traction as an additional source, assisting in bridging primary supply shortages.

How did covid-19 impact the Copper cathode market

Copper cathode is termed the primary input raw material for production of the copper rods for the cable and wire industry. Copper has also been very useful in the production of copper tube, brass, and copper sheet products, and is also found in more than 450 alloys. Numerous countries' economies and enterprises have suffered as a result of COVID-19 due to lockdowns, travel restrictions, and business closures. The shutdown of several sites and businesses has had a major influence on worldwide supply chains, disrupting global production, delivery timetables, and product s...

Revenue is forecast to drop at a compound annual rate of 13.5% over the five years through 2024. Miners’ revenue has failed to remain resilient against economic disruption and supply-side constraints despite rising commodity prices. Precious non-ferrous metals, like gold, silver and platinum, are often seen as safe haven assets and a hedge against inflation, so weak economic conditions have facilitated strong demand from investors, supporting prices. However, industry revenue has decreased substantially, particularly over 2020 and 2021, mainly due to the vast number of mine closures ahead of economic uncertainty. In 2024, revenue is expected to tumble by 4% to reach €16.9 billion. Inflationary pressures and the cost-of-living crisis have constrained significant increases in industrial activity, and weak household disposable incomes have limited consumer demand for high-value items like jewellery. Limited investment in infrastructure and other construction projects has weighed on demand for other metals, like copper. Copper is a significant component in infrastructure, especially electrical systems, so increased investment into renewable energy networks and electric vehicles could provide opportunities for miners to generate revenue in the future. Over the five years through 2029, revenue is forecast to expand at a compound annual rate of 2.8%, reaching €19.4 billion. Global demand for copper is likely to rise steadily in the coming years, benefitting from ongoing investments in electricity infrastructure, especially in the renewable market, as well as the increased production of electric vehicles, high-speed rail projects, and ongoing electrification and digitisation efforts.