Copper Futures Bearish Momentum With A 2% Fall In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.42% for the last 5 sessions. At 05:50 EST on Thursday, 20 April, Copper (HG) is $4.02.

Volume

Today’s last reported volume for Copper is 14678, 99.99% below its average volume of 13700553787.42.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.15%, a negative 0.15%, and a positive 0.98%, respectively.

Copper’s highest amplitude of average volatility was 0.45% (last week), 0.77% (last month), and 0.98% (last quarter), respectively.

Previous days news about Copper (HG)

  • Copper shortage threatens green transition. According to The Wall Street Journal on Tuesday, 18 April, "A lack of new mining activity has added to worries that there won’t be enough of the red metal for the energy transition, a popular topic at this week’s World Copper Conference in Santiago, Chile.", "Mined output globally in 2022 was 21.8 million tons according to the International Copper Study Group, rising only 1 million tons over the previous three years."

More news about Copper (HG).

Leave a Reply

Your email address will not be published. Required fields are marked *