Copper Daily Price Recap
The choppiness in the recent daily price action of Copper continues; to start today, it came in at a price of 2.684 US dollars, up 0.9% ($0.02) since 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. The daily price chart of Copper below illustrates.
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. For additional context, note that price has gone up 8 out of the past 14 days.
Overheard on Twitter
Behold! Here are the top tweets related to Copper:
- 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 BATTcables:
Copper price on 29 Jun 2020, £4,836.40 per tonne.