Strength in Precious Metals ContinuesThere was a good mix in price action across many asset classes on the day today where the precious metals traded higher led by the Silver market, which traded up near 1.3% on the day. There was a mixed set of data being released today with manufacturing data and PMI, and the S&P and Nasdaq finished
Copper Futures
4.4950USD / LBRD
−0.0025−0.06%
As of today at 19:45 GMT
USD / LBR
No trades
About Copper Futures
Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards. Copper is mined in open mines around the world, with Chile and the United States leading in overall copper production. The demand for copper is increasing as countries such as China and India continue to develop, while the supply remains tight. The growing demand and constrained supply is likely to keep copper prices volatile in the near future. Copper prices are commonly quoted in USD.
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Copper Futures: Bearish bias intact below $4.50COMEX copper may have found a base, but whether the nascent recovery of recent weeks can continue faces a major hurdle at $4.50 resistance. With momentum indicators like RSI (14) and MACD still deeply negative, favouring a bearish bias, the contract remains a sell-on-rallies prospect until the price
Copper ShortCopper is now net short on the regression break.
The roll is +0.007% (Neutral).
I am not taking this trade.
CShort

Copper testing support!Following the surprise announcement that the US administration is exempting tariffs on refined metals, the price of copper has tanked and connected with a 6M support from US$4.3805. Notably, directly above, we have a 1Y resistance level from US$4.4590 and a 3M resistance level at US$4.5515, while a
CShort

Copper: Trump Signs Tariffs on Imports Amid National Security...President Donald Trump signed a proclamation on Wednesday that imposes tariffs on copper imports, citing concerns over national security.
The White House announced that the new policy will introduce a 50% tariff on semi-finished copper products and other copper-derived goods that are highly depende
CLong

Chart Pattern Analysis Of Copper
K2 and K3 is a strong bullish up engulfing pattent.
K4 started with a bull gap to verify it.
It seems that K5 or K6 will break up the resistance to test the target line in the near future.
If I didn’t buy it earlier,I will try to buy it here.
I still hold the idea that the expensive metals such a
MLong

Copper looking good an upmoveKey Observations
Channel Pattern & Elliott Wave Count:
Price action is moving within a well-defined upward-sloping channel (yellow lines).
An Elliott Wave structure is marked (① to ⑤). The price just completed wave ④, suggesting the next move may attempt to form wave ⑤ towards the upper channel b
MLong

COPPER Top of 4-year Rising Wedge. Sell.Copper (HG1!) eventually followed the bearish break-out signal we gave on our last analysis (April 03, see chart below) and within 2 days it hit our 4.1250 Target:
Right now the price sits at the top of the 4-year Rising Wedge pattern and on the 1W time-frame it is a textbook technical sell sig
CShort

Tariffs Ignite a Copper FrenzyCOMEX copper has surged to a record premium over London Metal Exchange (LME) copper over the past few weeks, reflecting a lucrative arbitrage as traders rush metal into the U.S. ahead of looming import tariffs.
President Donald Trump’s announcement of a 50% tariff on U.S. copper imports (effective
CLong

See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
HGQ2025
Aug 2025DMarket open
4.4625USD / LBR−0.44%
HGU2025
Sep 2025DMarket open
4.4950USD / LBR−0.06%
HGV2025
Oct 2025DMarket open
4.5080USD / LBR−0.25%
HGX2025
Nov 2025DMarket open
4.5480USD / LBR+0.14%
HGZ2025
Dec 2025DMarket open
4.5570USD / LBR−0.04%
HGF2026
Jan 2026DMarket open
4.5660USD / LBR−0.31%
HGG2026
Feb 2026DMarket open
4.5980USD / LBR−0.56%
HGH2026
Mar 2026DMarket open
4.6125USD / LBR−0.06%
HGJ2026
Apr 2026DMarket open
4.6340USD / LBR−0.48%
HGK2026
May 2026DMarket open
4.6260USD / LBR−0.42%
HGM2026
Jun 2026DMarket open
4.6625USD / LBR−0.48%
See all HG1! contracts
Frequently Asked Questions
The current price of Copper Futures is 4.4950 USD / LBR — it has fallen −0.06% in the past 24 hours. Watch Copper Futures price in more detail on the chart.
The volume of Copper Futures is 21.24 K. Track more important stats on the Copper Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Copper Futures this number is 56.77 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Copper Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Copper Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Copper Futures technicals for a more comprehensive analysis.