Copper Futures Drops By 2% In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.53% for the last 5 sessions. At 04:50 EST on Saturday, 6 January, Copper (HG) is $3.80.

Volume

Today’s last reported volume for Copper is 91612, 99.99% below its average volume of 11038300455.44.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.36%, and 0.80%, respectively.

Copper’s highest amplitude of average volatility was 0.27% (last week), 0.77% (last month), and 0.80% (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 overbought (>=80).

Previous days news about Copper (HG)

  • Copper prices to surge in 2024? likely ETF beneficiaries. According to Zacks on Thursday, 4 January, "The underlying SummerHaven Copper Index Total Return reflects the performance of the investment returns from a portfolio of copper futures contracts on the COMEX exchange. ", "The underlying Solactive Global Copper Miners Total Return Index is designed to reflect the performance of the copper mining industry. "

More news about Copper (HG).

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