Current Copper Price Development
- Record High in March 2025: The previous record value was about $5.24 per pound (COMEX, March 26, 2025). However, this value was not maintained permanently.
- Current Status June 2025: In June, the price starts at about $4.63 per pound and slightly decreases to around $4.57 by the end of the month. This corresponds to a decrease of approximately -1.17%.
- Forecast for the Year: For the second half of the year, a stable to slightly positive trend is expected. In December, the price could rise back to about $4.65.
- Price per Kilogram: One kilogram of copper is currently around $9.77.
Impact on Investors and the Economy
- Investor Interest: The proximity to historic highs makes copper attractive for investors. In particular, private investors may feel drawn to it – especially in light of the long-term rising demand for the metal as a key raw material for CO₂-free technologies.
- Commodity Economy: Price dynamics influence production costs across various industries (e.g., electronics industry) as well as the profitability of mining companies.
- Market Volatility: Despite the record, the market remains volatile; short-term fluctuations are typical.
Long-Term Perspective
- Demand Growth: According to BlackRock, global demand for copper is expected to rise from currently around 25 million tons to over 50 million tons by 2050 – driven by the expansion of renewable energy and e-mobility.
- Investment Recommendations: Many experts therefore recommend a long-term positioning in the commodity sector – especially in metals like copper.
Comparison with Other Metals
| Metal | Current Price (June/July) | Trend/Forecast |
|---|---|---|
| Copper | ~$4.6–4.7/lb | Stable to slightly positive |
| Nickel | ~$15,000–15,500/ton | Stable with oversupply |
| Chrome | ~$1–1.05/lb | Slight increase |
Nickel continues to face oversupply pressure despite a slight recovery; chrome prices have slightly risen due to higher import demand from China.
Conclusion
Although the “historical high” of over five dollars per pound was only briefly reached and is currently below that level (as of June/July), interest in copper as a strategic raw material remains unbroken – both from an industrial and an investment perspective. For private investors, a long-term positioning is advisable; however, they should expect volatility in the short term.