Copper (HG1) Up $0.03 in Last 4 Hours, Started Today Up 0.95%; in an Uptrend Over Past 14 Days

Copper Daily Price Recap

Copper entered today at $3.041, up 0.95% ($0.03) from yesterday. Out of the 5 instruments in the metals asset class, Copper ended up ranking 3rd for the day in terms of price change relative to yesterday. Let’s take a look at the daily price chart of Copper.

HG1

Copper Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that Copper’s price has gone up 9 of the previous 14 trading days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Copper for the past day were:

  • From DznBkr:

    @NichBaker I’m warming up to the AIS story as the debt can be paid down and the copper asset can go from junk to decent in no time should the copper price make a much anticipated run to mid $3 range.

  • From PhamolaPhiri:

    @mosukiri08 @Jebba11 For KCM they didn’t take the option it is always there, it is optional and they chose not to partake, someone might have advised coz it’s around the BCL and depressed copper price times

  • From TonTon98796526:

    @iamlijunyang With the copper price ripping now is a good time for the announcement!!