What is Copper (XCU)?

The copper spot price per pound is displayed at the top of this page and is updated daily. You can use the Currency selector to view the price in USD, PKR, EUR, GBP, AED, SAR or INR. Use the Unit selector to switch between pound, kilogram and gram pricing.

Copper is nicknamed "Dr. Copper" because its price movements are widely regarded as a reliable indicator of global economic health — almost as if it has a PhD in economics. Since copper is used in virtually every sector of the economy (construction, manufacturing, technology, transport), rising copper prices typically signal expanding economic activity, while falling prices may suggest a slowdown.

To see the copper price per kilogram, select Kilogram (kg) from the Unit dropdown at the top of this page. The price will automatically convert using the standard factor: 1 pound = 0.453592 kilograms. You can also switch currency at the same time to get the price in PKR, EUR or GBP per kilogram.

Approximately 65% of all copper produced globally is used in electrical wiring and power infrastructure. When copper prices rise significantly, the cost of installing or upgrading electrical systems — including transmission lines, transformers, motors and household wiring — increases. This can indirectly raise electricity infrastructure costs and construction expenses over time.

A standard electric vehicle uses approximately 80–100 kg of copper, which is 3–4 times more than a traditional internal combustion engine car. As global EV adoption accelerates, demand for copper is rising sharply. Industry analysts project that the EV and renewable energy transition could create a significant copper supply deficit by the late 2020s, which would be a major upward price driver.

COMEX (New York) trades copper futures in US cents per pound and is the primary benchmark for North American markets. The LME (London Metal Exchange) trades copper in USD per metric ton and is the global benchmark used in Europe and Asia. Both prices are closely correlated but may differ slightly due to regional supply/demand, trading hours and contract specifications.

Copper prices on this page are updated once per day, reflecting the latest daily closing or settlement price from global commodity markets. The chart allows you to view price history for the past 7, 15, 30 or 90 days. Currency exchange rates are also updated daily, so all converted prices remain accurate.

Copper prices in 2026 are being driven upward by accelerating electric vehicle (EV) adoption, large-scale renewable energy infrastructure investment, tightening mine supply from Chile and Peru, and continued infrastructure spending in China and the United States. The green energy transition requires significantly more copper per unit of energy capacity than traditional fossil fuel infrastructure, creating sustained long-term demand pressure.

This page does not provide financial advice. From an informational standpoint, many commodity analysts view copper as having strong long-term demand fundamentals due to its critical role in electrification and clean energy. However, copper prices can be highly volatile in the short term. Anyone considering copper as an investment should consult a licensed financial advisor and carefully assess their risk tolerance before making any decisions.

Copper scrap prices in Karachi fluctuate daily with international LME rates and the USD/PKR exchange rate. Millberry (Misri) copper typically trades around ₨1,550–1,700 per kg, while lower-grade insulated wire scrap may fetch ₨900–1,150 per kg. See the Copper Scrap Prices in Pakistan section on this page for a full breakdown by grade. Always verify current rates with your local scrap dealer as prices change daily.