Oiram18 asks:
What will be the price for copper per metric ton in September 2024, according to the International Monetary Fund (IMF)?
Closed Oct 01, 2024 07:01AM UTC
Rising copper demand for technologies like electric vehicles and data centers for artificial intelligence are pushing the metal's price higher (US News & World Report, Mining.com). The question will be suspended on 30 September 2024 and the outcome determined using IMF price data (USD/Tonne) as reported by the Federal Reserve Economic Data (FRED) database (FRED). In September 2023, the price of copper per metric ton was $8,276.71381.
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The question closed "At least $9,000, but less than $10,250" with a closing date of 1 October 2024.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $6,500 | 0% | |
| At least $6,500, but less than $7,750 | 1% | |
| At least $7,750, but less than $9,000 | 6% | |
| At least $9,000, but less than $10,250 | 92% | |
| At least $10,250, but less than $11,500 | 1% | |
| At least $11,500, but less than $12,750 | 0% | |
| At least $12,750, but less than $14,000 | 0% | |
| At least $14,000, but less than $15,250 | 0% | |
| At least $15,250, but less than $16,500 | 0% | |
| $16,500 or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 47 |
| Average for questions older than 6 months: 187 | |
| Number of Forecasts | 344 |
| Average for questions older than 6 months: 542 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
