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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
Cash4Gold-Now
132.335 лв /g price up London
2
Gold Forever
132.2 лв /g price up Wolverhampton
3
UKScrapGold
127.924 лв /g price up Wolverhampton
4
Lois Bullion
126.44 лв /g price up Birmingham
5
London Gold Centre
122.164 лв /g price up London
6
CashForYourGold
121.676 лв /g price up Wolverhampton
7
Gold Forever
120.479 лв /g price up Wolverhampton
8
J Blundell & Sons Ltd
119.66 лв /g price up London
9
Birmingham Gold Company
119.127 лв /g price up Birmingham
10
Gold-Traders
119.106 лв /g price up Royal Wootton Bassett
11
The Chapel Jewellers
117.199 лв /g price up Sheffield
12
Gold Forever
116.29 лв /g price up Wolverhampton
13
Lois Bullion
115.914 лв /g price up Birmingham
14
London Gold Centre
111.969 лв /g price up London
15
CashForYourGold
111.55 лв /g price up Wolverhampton
16
Lois Bullion
110.641 лв /g price up Birmingham
17
J Blundell & Sons Ltd
109.621 лв /g price up London
18
Gold-Traders
109.2 лв /g price up Royal Wootton Bassett
19
London Gold Centre
106.895 лв /g price up London
20
Birmingham Gold Company
106.895 лв /g price up Birmingham
21
Hatton Garden Metals
105.965 лв /g price up London
22
Gold-Traders
104.304 лв /g price up Royal Wootton Bassett
23
 Jewellery Quarter Bullion Ltd.
103.76 лв /g price up Birmingham
24
Cash4Gold-Now
99.251 лв /g price up London
25
Gold Forever
98.652 лв /g price up Wolverhampton
26
Hatton Garden Metals
97.057 лв /g price up London
27
UKScrapGold
96.038 лв /g price up Wolverhampton
28
The Chapel Jewellers
95.905 лв /g price up Sheffield
29
 Jewellery Quarter Bullion Ltd.
95.121 лв /g price up Birmingham
30
Lois Bullion
94.84 лв /g price up Birmingham
31
Hatton Garden Metals
92.713 лв /g price up London
32
London Gold Centre
91.629 лв /g price up London
33
CashForYourGold
91.34 лв /g price up Wolverhampton
34
J Blundell & Sons Ltd
89.745 лв /g price up London
35
Gold-Traders
89.411 лв /g price up Royal Wootton Bassett
36
Birmingham Gold Company
89.345 лв /g price up Birmingham
37
Hatton Garden Metals
79.463 лв /g price up London
38
F.Hinds
78 лв /g price up Uxbridge
39
F.Hinds
78 лв /g price up Uxbridge
40
 Jewellery Quarter Bullion Ltd.
77.825 лв /g price up Birmingham


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