I asked whether copper was going to trade $7 per pound in an August 8, 2026, Barchart article, where I concluded with the following:
COMEX copper has pulled back to just above $6.60 per pound, and the CPER ETF to just over $40 per share. If copper futures are heading toward $7 or higher, the CPER ETF will likely ride the bullish wave. Given the bullish trend, copper futures at the $7 level is not out of the question by the end of 2026.
