(VIANEWS) – Copper (HG) has been up by 4.5% for the last 5 sessions. At 11:50 EST on Wednesday, 3 July, Copper (HG) is $4.54.
Volume
Today’s last reported volume for Copper is 50194, 99.99% below its average volume of 9421644401.65.
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
- According to FXStreet on Monday, 1 July, "Furthermore, expectations of a peak summer fuel consumption and OPEC+ cuts in the third quarter could lead to a global oil market supply deficit, which, in turn, is seen as a key factor acting as a tailwind for Crude Oil prices.", "This suggested that the world’s second-largest economy remains fragile, which, in turn, could cap the upside for Crude Oil prices. "
More news about Copper (HG).
