Price of Copper today
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Copper (HG/USD) quote in real time. Interactive chart, historical data and market context.
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HG/USD · Troy Ounce
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About Copper
Copper is the most important industrial metal in the world. It is essential for electrification, renewable energy, electric vehicles and construction. Its price is considered a leading indicator of the global economy, known as 'Doctor Copper'. It is quoted in USD per pound (lb).
Key facts
- Chile is the world's largest copper producer, accounting for about 25% of global production.
- Copper is essential for the energy transition: an electric vehicle uses 3-4 times more copper than a conventional one.
- Copper demand for AI data centres has grown exponentially since 2024.
- The London Metal Exchange (LME) recorded record copper trading volumes in 2025.
Legal notice
Indicative information, may contain errors, omissions or delays. Does not constitute financial advice or guarantee of accuracy.
Frequently asked questions about Copper
Why is copper called 'Doctor Copper'?
Because its price is considered a leading indicator of the global economy. Being essential for construction, manufacturing and infrastructure, a rising copper price often anticipates economic growth.
How does the energy transition affect copper?
EVs use 3-4x more copper than conventional vehicles. The expansion of renewables, power grids and AI data centres are creating a structural long-term copper deficit.