(VIANEWS) – Copper (HG) has been up by 3.84% for the last 10 sessions. At 08:50 EST on Sunday, 8 September, Copper (HG) is $4.07.
Volume
Today’s last reported volume for Copper is 55627, 99.99% below its average volume of 9189893576.42.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.
Copper’s highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper’s commodity is considered to be oversold (<=20).
News about
- Crude oil faces uphill battle with OPEC keeping traders in the dark. According to FXStreet on Friday, 6 September, "Although several delegates from the consortium might have said that a deal is near to delaying production normalization, markets would have thought that OPEC would come up with far more thorough and impactful measures that would support Crude Oil prices more substantially.", "At the time of writing, Crude Oil (WTI) trades at $69.06 and Brent Crude at $72.93"
- According to FXStreet on Friday, 6 September, "On Thursday, the US Energy Information Administration (EIA) reported a Crude Oil Stocks Change, which reduced by 6.873 million barrels of crude Oil inventory for the week ending August 30. "
More news about Copper (HG).
