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As of October 2023, the price of copper typically ranges around $4.00 to $4.50 per pound, which translates to approximately $0.25 to $0.28 per ounce. However, copper prices fluctuate based on market demand, geopolitical factors, and economic conditions. For the most accurate pricing, it's best to check current market sources or commodities exchanges.

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1w ago

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If copper is sold at 19 cents an ounce and silver is sold at 16.70 an ounce how many dollars worth of copper are required to produce 100 of silver by reacting it with silver nitrate?

To produce 100 silver with silver nitrate, you need 100 ounces of silver. 1 ounce of silver costs $16.70, so 100 ounces would cost $16.70 x 100 = $1670. To calculate how much copper is needed, divide the cost of silver by the cost of copper per ounce: $1670 / $0.19 ≈ 8789.47 ounces. Therefore, you would need approximately $1670 worth of copper to produce $100 worth of silver.


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