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Copper price spike in 2024

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In the second half of April 2024, the price of copper rose to 9,749 US dollars per ton. This is the highest level of the copper price in the last two years. This impressive growth surprised both market participants and economic experts.
Compared to the beginning of the year, the price of copper increased by as much as 15 percent. This sudden rise in prices has created a lot of interest among investors and industry. Why did the price of copper rise so much?
One of the factors that could explain this increase in the price of copper is the recovery of the industry in recent years after the economic disruption caused by the pandemic.

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# Buyer Purchase price City
1
Gold Forever
67.341 € /g price down Wolverhampton
2
Cash4Gold-Now
66.92 € /g price down London
3
Lois Bullion
65.5 € /g price up Birmingham
4
London Gold Centre
64.886 € /g price up London
5
J Blundell & Sons Ltd
64.489 € /g price up London
6
Birmingham Gold Company
64.216 € /g price up Birmingham
7
UKScrapGold
63.614 € /g price down Wolverhampton
8
CashForYourGold
63.455 € /g price up Wolverhampton
9
Gold-Traders
62.307 € /g price up Royal Wootton Bassett
10
Gold Forever
61.375 € /g price down Wolverhampton
11
The Chapel Jewellers
60.102 € /g price up Sheffield
12
Lois Bullion
60.057 € /g price up Birmingham
13
London Gold Centre
59.477 € /g price up London
14
Gold Forever
59.239 € /g price down Wolverhampton
15
J Blundell & Sons Ltd
59.068 € /g price up London
16
CashForYourGold
58.182 € /g price up Wolverhampton
17
Birmingham Gold Company
57.625 € /g price up Birmingham
18
Lois Bullion
57.318 € /g price up Birmingham
19
Gold-Traders
57.125 € /g price up Royal Wootton Bassett
20
Hatton Garden Metals
56.909 € /g price up London
21
London Gold Centre
56.773 € /g price up London
22
Gold-Traders
54.568 € /g price up Royal Wootton Bassett
23
 Jewellery Quarter Bullion Ltd.
52.64 € /g price down Birmingham
24
Hatton Garden Metals
52.125 € /g price up London
25
Gold Forever
50.25 € /g price down Wolverhampton
26
Cash4Gold-Now
50.193 € /g price down London
27
Hatton Garden Metals
49.795 € /g price up London
28
The Chapel Jewellers
49.182 € /g price up Sheffield
29
Lois Bullion
49.136 € /g price up Birmingham
30
London Gold Centre
48.67 € /g price up London
31
J Blundell & Sons Ltd
48.364 € /g price up London
32
 Jewellery Quarter Bullion Ltd.
48.26 € /g price down Birmingham
33
Birmingham Gold Company
48.159 € /g price up Birmingham
34
UKScrapGold
47.761 € /g price down Wolverhampton
35
CashForYourGold
47.636 € /g price up Wolverhampton
36
Gold-Traders
46.773 € /g price up Royal Wootton Bassett
37
Hatton Garden Metals
42.682 € /g price up London
38
F.Hinds
40.568 € /g price up Uxbridge
39
F.Hinds
40.568 € /g price up Uxbridge
40
London Gold Centre
40.557 € /g price up London


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