Oiram18 asks:
What will be the price for copper per metric ton in September 2024, according to the International Monetary Fund (IMF)?
Closing 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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| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week | Change in last month |
|---|---|---|---|---|
| Less than $6,500 | 1.00% | +1.00% | +1.00% | +0.94% |
| At least $6,500, but less than $7,750 | 1.00% | 0% | 0% | -2.50% |
| At least $7,750, but less than $9,000 | 34.00% | -4.00% | -19.00% | -6.13% |
| At least $9,000, but less than $10,250 | 63.00% | +3.00% | +17.00% | +12.37% |
| At least $10,250, but less than $11,500 | 1.00% | 0% | +1.00% | -3.94% |
| At least $11,500, but less than $12,750 | 0% | 0% | 0% | -0.56% |
| At least $12,750, but less than $14,000 | 0% | 0% | 0% | -0.19% |
| At least $14,000, but less than $15,250 | 0% | 0% | 0% | 0% |
| At least $15,250, but less than $16,500 | 0% | 0% | 0% | 0% |
| $16,500 or more | 0% | 0% | 0% | 0% |