Copper Financial Futures

Industrial metals · Monthly series · CM-HGS1.COMEX

Latest, October 2026

6.46 USD (exchange quote)

-1.5% from September 2026

Open interactive chartCopper Financial Futures in the app

8.6215.432.239November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 6.36 USD (exchange quote), with an 80% interval of 4.16 USD (exchange quote) to 8.62 USD (exchange quote).

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 20266.44 USD (exchange quote)5.90 USD (exchange quote)7.01 USD (exchange quote)
December 20266.43 USD (exchange quote)5.66 USD (exchange quote)7.25 USD (exchange quote)
January 20276.42 USD (exchange quote)5.63 USD (exchange quote)7.22 USD (exchange quote)
February 20276.41 USD (exchange quote)5.63 USD (exchange quote)7.21 USD (exchange quote)
March 20276.41 USD (exchange quote)4.98 USD (exchange quote)7.85 USD (exchange quote)
April 20276.41 USD (exchange quote)4.98 USD (exchange quote)7.86 USD (exchange quote)
May 20276.41 USD (exchange quote)5.37 USD (exchange quote)7.43 USD (exchange quote)
June 20276.39 USD (exchange quote)4.76 USD (exchange quote)8.09 USD (exchange quote)
July 20276.40 USD (exchange quote)4.70 USD (exchange quote)8.08 USD (exchange quote)
August 20276.38 USD (exchange quote)4.69 USD (exchange quote)8.09 USD (exchange quote)
September 20276.37 USD (exchange quote)4.77 USD (exchange quote)7.99 USD (exchange quote)
October 20276.36 USD (exchange quote)4.16 USD (exchange quote)8.62 USD (exchange quote)

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
-4%Matches the no-change baseline over 11 tests (11 tests, 3 won)
Direction
33%No clear edge over a coin flip (44 of 132 calls right in 11 tests)
Turning points
23 of 62Anticipated some turns (62 turns in 11 tests, 0 without a turn)
Error vs baseline
4% higherError ratio 1.04; 1.00 is a tie.
Tests won
3 / 11Complete rolling backtests; ties count as no win.
Test period
2015-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
81%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 98% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 20266.46 USD (exchange quote)
September 20266.56 USD (exchange quote)
August 20266.60 USD (exchange quote)
July 20266.44 USD (exchange quote)
June 20266.20 USD (exchange quote)
May 20266.36 USD (exchange quote)
April 20265.93 USD (exchange quote)
March 20265.59 USD (exchange quote)
February 20266.01 USD (exchange quote)
January 20265.90 USD (exchange quote)
December 20255.63 USD (exchange quote)
November 20255.19 USD (exchange quote)
October 20255.07 USD (exchange quote)
September 20254.81 USD (exchange quote)
August 20254.52 USD (exchange quote)
July 20254.33 USD (exchange quote)
June 20255.03 USD (exchange quote)
May 20254.66 USD (exchange quote)
April 20254.56 USD (exchange quote)
March 20255.02 USD (exchange quote)
February 20254.52 USD (exchange quote)
January 20254.26 USD (exchange quote)
December 20243.99 USD (exchange quote)
November 20244.08 USD (exchange quote)

Source

Data: public market data feeds.

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