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Copper Price in 2025

In 2025, the price of copper averaged $4.50 per pound, up 3.4% from the year before. This page covers the 2025 average, high, low, and year-end close, the events that moved the market, and what that copper would be worth in today's dollars.

2025 Average

$4.50

LME/COMEX annual average, USD/lb

Change vs 2024

+3.4%

from $4.35 in 2024

What happened to the copper price in 2025

Copper averaged $4.50 per pound in 2025, up 3.4% from $4.35 the year before. The notable development of 2025: Tariff scare spikes COMEX near $5.96, then a record one-day crash.

The 2020s have been a structural bull market for copper. After a COVID crash to $2.10, unprecedented stimulus, tight mine supply, and surging demand from electric vehicles, renewables, and AI data centers drove copper to fresh records above $5 a pound.

Adjusted for inflation, copper's 2025 average of $4.50 equals about $4.50 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of copper in 2025?
Copper averaged $4.50 per pound in 2025, based on LME and COMEX annual average data. That average was up 3.4% from $4.35 in 2024.
What is a 2025 copper price worth in today's dollars?
Adjusted with the US Consumer Price Index, copper's 2025 average of $4.50 works out to roughly $4.50 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
What moved the copper price in 2025?
The defining story of 2025: Tariff scare spikes COMEX near $5.96, then a record one-day crash. Against that backdrop, the annual average climbed 3.4%, from $4.35 in 2024 to $4.50.

Annual averages are LME and COMEX copper prices per pound in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.