Copper bullion refers to physical copper traded as bars, rounds, or coins. It is a popular way for investors to diversify their portfolios and protect against inflation. In addition, copper bullion is often used in manufacturing and construction, making it a valuable commodity with many uses.
Like other precious metals, the value of copper bullion is determined by the current market price of copper, which can fluctuate depending on supply and demand, economic conditions, and geopolitical events. Copper bullion is sold in weights ranging from one ounce to several pounds, with larger bars generally commanding a lower premium over the spot price of copper.
Investors can purchase copper bullion from various sources, including online retailers, coin dealers, and precious metal brokers. Researching the reputation and pricing before purchasing is essential, as prices vary widely depending on the dealer and the quantity purchased.