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Gold vs Copper

Gold

Live spotSingle source

Copper

Monthly referenceSingle source

121 aligned observations · Sep 1, 2016 → Sep 1, 2026

Over the last 10 years (Sep 1, 2016 → Sep 1, 2026), Gold returned +233.21% and Copper returned +206.52%. $10,000 in Gold became $33,321; in Copper, $30,652.

Gold CopperBoth rebased to 100 at the start of the range; scale shows % change.
Sep 1, 2016 → Sep 1, 2026High 401.7Low 88.2

Aligned on the sparser series (monthly observations where daily data is unavailable).

Side by side (10Y)

MetricGoldCopper
Total return+233.21%+206.52%
Annualised return (CAGR)+12.79%+11.85%
$10,000 became$33,321$30,652
Volatility (annualised)13.4%16.0%
Worst drawdown−23.90%−28.42%
Best year2025 (+60.08%)2025 (+32.18%)
Worst year2021 (−2.03%)2022 (−12.31%)
Correlation of returns0.19

Bold marks the higher value. Returns exclude storage, fees and taxes.

How to read this

Both series are rebased to 100 at the first common date in the range, so the chart shows relative performance regardless of price level. Correlation is computed on period-to-period returns of the aligned observations: values near +1 mean the two moved together, near 0 independently, negative in opposite directions.

Where one series is monthly (for example CPI, or metals before daily data begins), the comparison is aligned on the sparser series, so short ranges may contain few observations. Try longer ranges for macro comparisons.

Gold page · Copper page