Pakistan’s current copper rate as of December 2024

Copper, a 29-atomic element, is a soft, malleable, and ductile metal with high thermal and electrical conductivity. Its reddish-orange colour indicates its age. As one of the oldest metals, copper has been utilized for thousands of years for various purposes.

Copper rate today in Pakistan 2024 as given below:

Copper Price Overview
• Best Quality Rs 3,100–3,200
• Scrap Copper rate per kg 2,200–2,300

The current copper scrap price in Gujranwala Metal Market ranges from Rs. 2200 to Rs. 2300 per kilo. The rate in Pakistan can fluctuate based on factors such as supply and demand, political stability in copper-producing countries, and the global economy’s strength. Copper is traded on global commodity exchanges, and market conditions can significantly impact the price.

Copper, a 29-atomic element, is a soft, malleable, and ductile metal with high thermal and electrical conductivity. It is ideal for electrical wiring and other applications due to its high conductive properties. Copper’s melting point is 1083°C and boiling point is 2567°C.

Features of copper

Copper: A Chemical Elements Overview
• Symbol Cu and atomic number 29.
• Soft, malleable, and ductile metal.
• High thermal and electrical conductivity.
• One of the most conductive metals.
• Melting point: 1083 °C, boiling point: 2567 °C.
• Reddish-orange color when fresh, blue-green patina when exposed.
• Resistant to corrosion and bacteria.
• Ideal for outdoor applications.
• Essential component in various industries, including electrical wiring, plumbing, and construction materials.

Industrial Uses of Copper

Copper is a crucial industrial metal due to its high conductivity and durability. It is widely used in the electrical industry for wiring, cables, plumbing, roofing, and other electrical components. Copper is also used in the construction industry for plumbing and roofing. It is also used in the manufacturing of coins, jewelry, and decorative items. Copper’s resistance to bacteria and ease of use make it an ideal choice for plumbing. For more information on copper rates in Pakistan, read the article.

Pakistan’s copper mining industry is small, with most being imported. However, there are a few small mines, such as Saindak Copper-Gold Mine in Balochistan and Reko Diq Copper-Gold Mine in Balochistan, which are used primarily for the electrical, construction, and coin production sectors. The current copper rate in Pakistan depends on the copper industry, with most being imported. The Saindak and Reko Diq mines are unable to meet the country’s copper demand, leading to the majority of copper being imported.

Comparison of the costs, characteristics, and market worth of copper and gold

Copper and gold are valuable metals with common characteristics, such as high conductivity, beauty, and use in electrical wiring and jewelry production. However, gold is generally more expensive due to factors like supply and demand, political stability, and global economy strength. Copper, on the other hand, is a soft, malleable, and ductile metal with a melting point of 1083 °C and a boiling point of 2567 °C. Gold is softer, with a melting point of 1064 °C and a boiling point of 2856 °C, and is dense, with a specific gravity of 19.3. Gold is considered more valuable in terms of market value, as it has a long history of being used as a safe haven asset. Copper, on the other hand, is primarily used in industry and is not as widely recognized as a store of value. Despite their differences, both metals are important components of the global economy and are used in various industries.

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