Copper Miners

Gold prices are projected to jump to $3,000 per ounce by 2025, according to Bank of America, buoyed by strong demand from central banks and the anticipation of investors returning to the market once the Federal Reserve begins to slash interest rates. Michael Widmer, the bank’s commodity...

Shares of global copper miners soared, pushing the sector gauge – the Global X Copper Miners ETF (NYSE:COPX) – up by 2.6% for the day. Copper mining stocks experienced a similar response to the surge in copper prices on Tuesday, which rose over 2% on the day hitting one-month highs. The...

As measured by the iPath B Bloomberg Copper Total Return ETN (NYSE: JJC), copper is doing pretty well this year. That exchange traded note is up 8.7 percent year to date. Some copper miners exchange traded funds are outperforming JJC, but those gains could be capped by concerns of excess supply....