(VIANEWS) – Copper (HG) has been up by 8.19% for the last 21 sessions. At 14:50 EST on Saturday, 6 April, Copper (HG) is $4.24.
Volume
Today’s last reported volume for Copper is 105449, 99.99% below its average volume of 10257349257.1.
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 Thursday, 4 April, "Against the backdrop of Ukrainian attacks on Russian refineries, which have cut fuel supply, the risk that the Israel-Hamas war may spread to include Iran and disrupt supplies in the key Middle East region acts as a tailwind for Crude Oil prices. ", "This could further lend support to Crude Oil prices and contribute to limiting any meaningful corrective slide."
- According to FXStreet on Friday, 5 April, "The Mexican Peso (MXN) trades marginally higher against the US Dollar (USD) on Friday, after the release of the Banco de Mexico’s (Banxico) March meeting minutes and amid a rise in Crude Oil prices, a key export for Mexico."
More news about Copper (HG).
