Will the price of copper (COMEX: HG=F) exceed $4.50 per pound by July 15, 2024?

The headline indicates a rally in copper prices, partially attributed to geopolitical factors. If the 'Trump flags Iran deal' sentiment continues to influence markets, it could sustain upward pressure on copper prices, especially given its role in the green energy transition. However, broader economic slowdowns could cap gains.

Implied probability (Yes)

55%

Closes

2026-09-10