Copper (XCU)
The industrial metal that tracks the economy.
What is Copper
Copper is the leading industrial metal, used everywhere in construction, wiring, electronics and increasingly in electric vehicles and renewable energy.
Because it is so widely used, its price is treated as a barometer of the global economy, earning it the nickname "Dr Copper". It rises when growth is strong and falls when it slows.
Demand from China, the world’s biggest consumer, and supply from major mining countries are the key forces behind its price.
- Type
- Industrial metal
- Quoted in
- USD per pound
- Symbol
- XCU / spot
- Hours
- ~24/5
- Main use
- Construction, electronics, EVs
Technical view
A live read of momentum and trend across timeframes.
Aggregated technical indicators, shown for information only. Not investment advice.
What moves Copper
Global growth
Copper is a barometer of the world economy, hence "Dr Copper".
China demand
China is the largest consumer, so its data moves the price.
Mine supply
Output from major mining countries shapes the supply side.
The energy transition
EVs and renewables are a growing source of demand.
How to trade it on Chasse
You never place an order. Deploy a Chasse strategy and it trades this market for you, automatically, with a stop-loss and take-profit on every position. Which strategies you can run depends on your tier.
Live market data. Chasse is currently a simulated demo; trading results shown elsewhere are illustrative and not guaranteed.
Copper, answered
What is copper used for?
Copper is used in construction, wiring, electronics, electric vehicles and renewable energy.
What moves the copper price?
Global growth, Chinese demand, mine supply, and the energy transition.
Can I trade copper on Chasse?
Yes, copper is among the metals our strategies trade automatically. Chasse is currently a simulated demo.
When does copper trade?
Copper trades nearly 24 hours a day, five days a week, so a strategy can act around the clock on weekdays.
How much do I need to start?
From $100. Metals sit alongside the other markets our strategies trade across the tiers.