Copper (HG1) Up $0.03 in Last 4 Hours, Came Into Today Up For the 2nd Day In A Row; in an Uptrend Over Past 30 Days

Copper Daily Price Recap

Copper is up 1.06% ($0.03) since yesterday, marking the 2nd day in a row an upward move has occurred. Out of the 5 instruments in the metals asset class, Copper ended up ranking 4th for the day in terms of price change relative to yesterday. Let’s take a look at the daily price chart of Copper.

Copper Technical Analysis

Volatility for Copper has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Copper’s price has gone up 7 them.

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 ALANA_BEA_HARA_:

    @VillanKiss As they walk home some peapol suround us???: give us your gold!”I’m sorry sir I just used them all. But hey I have a copper price left~”She mocks the man as the growls and raises his hand and was about to swing his sword as she bends her sweat st break the blade

  • From timmyotoole23:

    @QustnEverything You have some nice pieces, keep them! I remember when 2005/2007 all the copper vases bowls etc.. from our local graveyards got stolen. The great copper price spike now it’s all plastic …

  • From TheWatc55611432:

    @DiMartinoBooth The Bond Market including the US 10 year is the economy.The Dr. Copper price can be manipulate by
    the Paper Futures Derivatives Market creating artificial
    Supply & Demand.

As for a news story related to Copper getting some buzz:

Asiamet Resources gets offer for stake in KSK CoW copper project in Indonesia. | AJ Bell Youinvest : 26/06/20 13:41

Asiamet Resources gets offer for stake in KSK CoW copper project in Indonesia….Tue, 20/08/2019 – 07:51 Asiamet Resources gets permitting approval for BKM project in Indonesia
Asiamet Resources said it had received a key permit for its BKM copper project in Central Kalimantan, Indonesia.