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Lead Price in 2024

In 2024, the price of lead averaged $2,069 per tonne, down 3.1% from the year before. This page covers the 2024 average, high, low, and year-end close, the events that moved the market, and what that lead would be worth in today's dollars.

2024 Average

$2,069

LME annual average, USD/tonne

Change vs 2023

-3.1%

from $2,136 in 2023

What happened to the lead price in 2024

Lead averaged $2,069 per tonne in 2024, down 3.1% from $2,136 the year before.

A COVID dip near $1,825 gave way to energy-crisis firmness above $2,100 in 2021-2022, before a gentle softening toward $1,960 by 2025.

Adjusted for inflation, lead's 2024 average of $2,069 equals about $2,126 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 lead in 2024?
Lead averaged $2,069 per tonne in 2024, based on World Bank and LME annual average data. That average was down 3.1% from $2,136 in 2023.
What is a 2024 lead price worth in today's dollars?
Adjusted with the US Consumer Price Index, lead's 2024 average of $2,069 works out to roughly $2,126 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.

Annual averages are World Bank and LME lead prices per tonne in US dollars (LME cash and settlement basis). The 2025 figure is preliminary. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.