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Copper Price (Global)

Global copper price, "Dr. Copper" is a leading economic indicator.

ByConvex Research Desk·Edited byBen Bleier·

The Copper Price (Global) is currently $12,951.35, last updated .

$12,951.35
1W -0.27%1M -0.27%3M -0.27%
Updated 32d ago
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Statistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for Copper Price (Global), blended across current macro regimes.
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Commodities sit at the intersection of monetary and physical reality. Oil and gas prices flow almost directly into headline CPI, while copper and iron ore track global industrial activity ahead of official releases. Tracking each complex alongside its supply signal (EIA inventories, rig counts, seaborne cargo flows) separates genuine demand moves from inventory-cycle noise.

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Recent Data

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DateValueChange
Feb 1, 2026$12,951.35-0.27%
Jan 1, 2026$12,986.61+10.14%
Dec 1, 2025$11,790.96+9.05%
Nov 1, 2025$10,812.03+0.67%
Oct 1, 2025$10,739.92+7.46%
Sep 1, 2025$9,994.77+3.34%
Aug 1, 2025$9,671.88-1.01%
Jul 1, 2025$9,770.58-0.66%
Jun 1, 2025$9,835.07+3.19%
May 1, 2025$9,531.2+3.91%
Apr 1, 2025$9,172.7-5.78%
Mar 1, 2025$9,735.82+4.34%
Feb 1, 2025$9,330.98+3.95%
Jan 1, 2025$8,976.68+0.75%
Dec 1, 2024$8,909.91-1.83%
Nov 1, 2024$9,075.73-4.81%
Oct 1, 2024$9,533.99+2.97%
Sep 1, 2024$9,259.13+3.10%
Aug 1, 2024$8,981.12-4.31%
Jul 1, 2024$9,385.31-2.72%
Jun 1, 2024$9,648.17-4.64%
May 1, 2024$10,117.16+7.11%
Apr 1, 2024$9,445.59+8.66%
Mar 1, 2024$8,692.82

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Frequently Asked Questions

What is Copper Price (Global)?
Global copper price, "Dr. Copper" is a leading economic indicator.
How does Copper Price (Global) relate to commodities?
Copper Price (Global) is part of the Commodities category. Commodities sit at the intersection of monetary and physical reality. Oil and gas prices flow almost directly into headline CPI, while copper and iron ore track global industrial activity ahead of official releases. Tracking each complex alongside its supply signal (EIA inventories, rig counts, seaborne cargo flows) separates genuine demand moves from inventory-cycle noise.
How often is Copper Price (Global) updated?
Copper Price (Global) is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
Where does Convex source Copper Price (Global) data?
Convex sources Copper Price (Global) data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
What can I do on the Copper Price (Global) chart page?
The Copper Price (Global) page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.