What the Data Shows
Gold and copper are compared through a May 29, 2026 settlement-price ratio. The rows use gold per troy ounce and copper per pound, with the headline ratio stated as pounds of copper per ounce of gold. Gold at US$4,593.00 per ounce equalled 718.9 pounds of copper at US$6.3890 per pound. The measure is a unit-based price ratio, not a global metals-production or consumption share.
Data table
Unit: ratio from quoted settlement prices · Period: 2026-05-29 settlement snapshot
| Rank | Entry | Value | Period |
|---|
| 1 | Gold | US$4,593.00/oz | 2026-05-29 settlement snapshot |
| 2 | Copper | US$6.3890/lb | 2026-05-29 settlement snapshot |
Sources
Source 1: The Wall Street Journal
Publisher: The Wall Street Journal
Dataset/table: GC00 settlement price
Units: US$ per troy ounce
Date checked: 2026-05-30
Evidence: Supports the May 29, 2026 gold continuous futures settlement price.
Source 2: The Wall Street Journal
Publisher: The Wall Street Journal
Dataset/table: HG00 settlement price
Units: US$ per pound
Date checked: 2026-05-30
Evidence: Supports the May 29, 2026 copper continuous futures settlement price.
Data notes & caveats
This is a timestamped market-data snapshot, not a live feed. Gold is quoted per troy ounce and copper is quoted per pound.
Methodology
The ratio uses the gold settlement price per troy ounce and the copper settlement price per pound from the same market close.
Source consistency notes
Both component prices come from WSJ market-data quote pages for May 29, 2026 settlements.
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