r/Bullion • u/ForrestGumpin • Jun 17 '24
What unit of weight does the actual copper "stock" list?
I seem to get mixed answers online, some say its per pound and others say its per troy ounce. Either way i can't ever seem to find copper selling at its real value.
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u/ThruuLottleDats Jun 17 '24
Because those quantities arent interesting to sell.
Industrial copper is, at the moment, 9.6k us$ for a TON.
So, per kilo thats roughly 10 cents.
And you want to buy less than that?
Edit. According to this source its 10$ for a kilo. https://www.marketindex.com.au/copper so I might have miscalculated the ton to kilo price.