Will the price of copper (COMEX futures) close below $4.30 per pound on July 12, 2024?

Industrial metals are swinging lower, and copper is a key indicator. If the jobs report is weak, it could further depress demand and prices. The current price is near $4.40-$4.50, so a drop below $4.30 would reflect continued bearish sentiment.

Implied probability (Yes)

55%

Closes

2026-09-03