Copper may be a relative newcomer in the world of investment bullion, but this ancient metal has been revered among some of the world’s first civilizations and, today, is increasingly popular among physical metal investors. According to scholars, copper was discovered around the year 9000 BC in the Middle East. Of course, without copper there would have been no Bronze Age as bronze is an alloy of copper.
Not only do newcomers to the precious metals investment community find copper an excellent metal to invest in, investment veterans also purchase copper to diversify their portfolio of metal assets.
In terms of contemporary value, copper has enjoyed some considerable upswings in price that have garnered the attention of the investment community. The base metal started off the 21st century trading at under $1/lb while over the next 10 years it would continue to rise and top off at around $4.50/lb. Demand for copper has likely been one of the main causes. Since the metal is used in most parts of our infrastructure, as well as the medical field and many areas of industry, as we further develop our technologies demand is expected to only rise.
When talking about copper bullion, the price you pay for a piece is often directly associated with the current price of copper. Smaller sized art bars and rounds are often collected more for their artistic value while larger sized bullion bars tend to be more closely associated with the current copper price. You can often purchase copper bullion bars and rounds at around $1 per ounce while more collectible pieces like bullets go for slightly higher prices.