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Copper
USD / lb
$6.23
▼ -0.38%
Updated just now
About Copper
Copper is often called 'Dr. Copper' because its price is considered a reliable leading indicator of global economic health. It is essential for electricity transmission, construction, and manufacturing. The energy transition — EVs, wind turbines, power grids — is projected to significantly increase long-term copper demand.
Key Uses
▶Electrical wiring and cables (≈65%)
▶Construction — plumbing and roofing
▶Electric vehicles (EVs use 4× more copper than ICE cars)
▶Renewable energy infrastructure
▶Industrial machinery