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Copper Futures Drops By 2% In The Last 5 Sessions

ViaNews Editorial Team

January 6, 2024

Copper Futures Drops By 2% In The Last 5 Sessions
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(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).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.