Copper Price Today: China Demand Fears & Profit Taking Halt Rally

Copper prices are trading at $5.94 USD per pound on Friday, January 23, marking a -0.90% decline over the last seven days. Despite a strong start to 2026 with year-to-date gains of 4.58%, the red metal has faced resistance near the psychological $6.00 level, pulling back as market participants reassess near-term consumption trends against a backdrop of tight supply.