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Copper Price Today
Last updated: April 30, 2026 at 10:00 AM EDT ET · Source: COMEX / LBMA
Calculate Copper Value
1 Grams (g) of Copper
$0.14
Spot price: $4.22/oz
Rate: 1 USD = 1 USD
Approximate value - excludes taxes, premiums
Exchange rates are indicative. Actual buy/sell prices include dealer premiums. Not financial advice.
Price by Weight
| Unit | USD Price |
|---|---|
| Troy Ounce (oz t) | $4.22 |
| Gram (g) | $0.14 |
| Kilogram (kg) | $135.68 |
| Tola (10g) | $1.36 |
| Pennyweight (dwt) | $0.21 |
Price by Currency (per troy oz)
| Currency | Price |
|---|---|
| 🇺🇸USD | $4.22 |
| 🇨🇦CAD | CA$5.74 |
| 🇪🇺EUR | €3.88 |
| 🇬🇧GBP | £3.33 |
| 🇦🇺AUD | A$6.50 |
| 🇨🇭CHF | Fr3.80 |
| 🇯🇵JPY | ¥648 |
| 🇮🇳INR | ₹352 |
Exchange rates are approximate. Source: COMEX / LBMA
About Copper
Copper is the world's most important industrial metal, often called "Dr. Copper" for its ability to predict economic health. It is an essential conductor in electrical wiring, plumbing, motors, and electronics. Over 60% of copper demand comes from electrical applications, making it a key material in the energy transition — electric vehicles use 4x more copper than combustion engines. Copper prices are set on the London Metal Exchange (LME) and COMEX in New York, quoted in US dollars per pound. Major producers include Chile (which supplies over 25% of global output), Peru, Congo, China, and Australia. The copper price is closely watched as a barometer of global industrial activity — rising demand signals economic expansion, while falling demand often precedes slowdowns.
Frequently Asked Questions
What is the copper spot price?
The copper spot price is the current market price for immediate delivery of copper, quoted in US dollars per pound (USD/lb) on COMEX or per metric ton on the London Metal Exchange (LME).
Why is copper called Dr. Copper?
Economists call copper "Dr. Copper" because its price has historically been a reliable indicator of global economic health. Rising copper prices often signal industrial expansion and economic growth, while falling prices may indicate a slowdown.
How does the energy transition affect copper demand?
The global shift to clean energy is a major driver of copper demand. Electric vehicles require 3-4x more copper than combustion engine vehicles, and solar panels, wind turbines, and grid infrastructure all require large amounts of copper wiring.
What drives copper prices up or down?
Key factors include Chinese manufacturing activity (China consumes ~55% of global copper), US dollar strength, global GDP growth, supply disruptions at major mines, and energy transition investment levels.
Where is most copper mined?
Chile is the world's largest copper producer, accounting for about 27% of global output. Other major producers include Peru, Congo, China, Australia, and the United States.