TOTAL VOLUME:
$154.4b
24H VOL:
$230,589,906
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,885,293,300
410,482
Markets across
40,213
events
MATCHED EVENTS:
4,340
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 9, 5:00 PM EST
Kalshi
This event tracks the precise closing price of copper at a specific moment, reflecting real-time commodity market conditions influenced by supply, demand, and geopolitical factors.
The event resolves based on the closing price of the 1-minute candlestick for copper at 5:00 PM EDT on October 09, 2026. Each market has a unique threshold price, and if the closing price exceeds that threshold, the market resolves to Yes; otherwise, it resolves to No. The settlement value is rounded to the nearest two decimal places. The closing price for the 1-minute candlestick at 5:00 PM EDT is defined as the price at the end of the immediately preceding one-minute interval (i.e., the candlestick timestamped 4:59 PM). If the specified data source does not publish a price for the given time, the most recently available published data will be used to determine the resolution.
Currently, prediction market odds reflect the collective wisdom of traders on Kalshi. These odds are often compared to analyst forecasts and polls regarding the future price of copper. However, it's important to note that prediction markets can sometimes diverge from traditional forecasts, as they incorporate a wider range of information and incentives. This market allows individuals to express their beliefs and profit from accurate predictions, potentially leading to a more accurate overall forecast than relying solely on expert opinions.
On Kalshi, this market is priced using a continuous double auction, meaning buyers and sellers submit bids and offers, and trades occur when they match. The price reflects the probability of the copper price being above or below a certain level on the resolution date. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders are constantly adjusting their prices based on new information and their own expectations, creating a dynamic and efficient market for forecasting the future copper price. The current price represents the market's best estimate of the outcome.
This market resolves around Oct 9, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The final price will be determined by the closing price of the COMEX High Grade Copper contract (HG) on the date and time specified. This price will be sourced from a widely recognized financial data provider and will serve as the basis for determining winning and losing trades in this market. Traders will be able to see the final settlement price shortly after the resolution date.
Several factors could significantly move this market before Oct 9, 2026. Major economic indicators, such as global GDP growth, inflation rates, and industrial production data, will all influence the demand for copper. Geopolitical events, including trade disputes, political instability in major copper-producing countries, and supply chain disruptions, could also cause price fluctuations. Unexpected changes in global monetary policy or significant shifts in the energy sector (as copper is used in renewable energy technologies) could also impact this market. Monitoring these events is crucial for understanding potential price movements.