What will be the price for copper per metric ton in December 2024, according to the International Monetary Fund (IMF)?
Closed Jan 01, 2025 08:01AM UTC
Copper prices have eased from 2024 highs as economic worries offset the rising copper demand for technologies like electric vehicles and data centers for artificial intelligence (OilPrice, YouTube [CNBC-TV18]). The question will be suspended on 31 December 2024 and the outcome determined using IMF price data as reported by the Federal Reserve Economic Data (FRED) database (FRED). In June 2024, the price of copper per metric ton was $9,648.16700.
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The question closed "At least $8,800, but less than $9,600" with a closing date of 1 January 2025.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $6,400 | 0% | |
| At least $6,400, but less than $7,200 | 0% | |
| At least $7,200, but less than $8,000 | 0% | |
| At least $8,000, but less than $8,800 | 1% | |
| At least $8,800, but less than $9,600 | 99% | |
| At least $9,600, but less than $10,400 | 0% | |
| At least $10,400, but less than $11,200 | 0% | |
| At least $11,200, but less than $12,000 | 0% | |
| $12,000 or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 33 |
| Average for questions older than 6 months: 181 | |
| Number of Forecasts | 261 |
| Average for questions older than 6 months: 528 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
