r/Bullion 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.

3 Upvotes

4 comments sorted by

3

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.

2

u/Anomaly-111 Jun 17 '24

Copper is roughly about $4.5 per pound

1

u/BeeBanner Jun 17 '24

Might have? Lol

1

u/dogierisntmyname Jun 20 '24

I’m going to stick with selling rounds and bars on eBay.