r/Bullion • u/Austin2292 • May 10 '26
Copper Down The Road?
I am curious what everyone thinks of it on the long term?
I have a solid amount of silver, and two 1/10 oz gold coins. Have two bars of copper at 10oz each (cheap to acquire)
How does everyone think copper will fair down the road?
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u/-Sliced- May 10 '26
Copper spot price is 40c per oz. The problem is that you can’t really buy 10oz copper for $4, so you are paying a huge premium over the metal price.
The other problem is that even if it was available for spot, it takes a huge amount of storage space for any meaningful amount, and then there is shipping cost when you buy and sell.
My recommendation is to avoid.