United States Copper Index Fund (CPER)
|Day's Range||25.85 - 26.33|
|Inception Date||Nov 15, 2011|
The investment seeks the daily changes in percentage terms of its shares' per share net asset value (NAV) to reflect the daily changes in percentage terms of the SummerHaven Copper Index Total ReturnSM (the SCI), less CPER's expenses. The fund seeks to achieve its investment objective by investing to the fullest extent possible in the Benchmark Component Copper Futures Contracts. The SCI is designed to reflect the performance of the investment returns from a portfolio of copper futures contracts on the Commodity Exchange, Inc. exchange (COMEX).
Quantum chemists believe that gold, silver, and copper could be promising candidates for hydrogen storage. This has huge implications for green energy, as hydrogen is incredibly volatile and challenging...
It's Complicated: Copper's Weird Relationship to the Dollar
Copper continues sliding back from its record high in May. That, however, would be news to many of the world's biggest importers of copper, who are obliged to pay for the commodity in U.S. dollars.
Copper market and producers still look good even as prices fall 15% from record highs - Third Avenue Management
(Kitco News) - The copper market continues to struggle as prices fall further from their record highs three months ago. However, one fund manager said there is still an opportunity for the base metal to...
(Kitco News) - According to the data by the Department of Industry, Science, Energy and Resources of the Government of Australia (DISER), in Q1 2021, global mine copper production increased by 2%, const...
(Kitco News) - Copper's robust rally to record highs in the first half of the year could present the high water market for the base metal as its fundamental supply picture starts to balance out, accordi...
(Kitco News) - Accoridng to geo-spatial analysis June global copper smelting activity was down due to China entering its seasonal maintenance window.
Image Provided By Flickr In a report released last May, Goldman Sachs (NYSE: GS) analysts estimated that copper prices could skyrocket to $15,000 per ton, a growth of more than 66%, by 2025. While many ...
Copper is getting crushed in the worst week since March of 2020.
Could be seeing stimulus-led recovery: LME CEO
Matthew Chamberlain discusses commodity prices and the underlying factors that might be driving a commodity supercycle.
(Kitco News) - According to the Australian Government's Department of Industry, Science, Energy and Resources (DISER), copper consumption is expected to continue recovering and increasing, driven by imp...
What's Driving the Corn Futures Roller Coaster?
Corn futures went on a wild ride last week. On Tuesday, corn futures traded "limit down," the maximum permitted decline in one trading day, followed by corn futures trading "limit up," the maximum incre...
What Does Copper Tell Us About the Post-Pandemic World?
Copper prices doubled during the pandemic, as the industrial staple benefited from a supply crunch, surging consumer spending and the accelerating transition to renewable energy systems. What does coppe...
(Kitco News) - With inflation pressures picking up, gold will be an attractive hedge in a portfolio. Still, copper and silver will also be an attractive asset to own, according to one research firm.
Copper will remain the most widely used metal in renewable energy technologies. Compared to aluminum, nickel and zinc, its importance is rated high for most new energy-related projects.
Copper is a leading barometer for global economic health. Here are seven copper stocks if you are optimistic on the economy.
Cryptocurrencies are an alternative to copper — not gold — when it comes to hedging against inflation, according to Goldman Sachs' Jeff Currie.
(Kitco News) - According to the Australian Government's Department of Industry, Science, Energy and Resources (DISER), the world's copper mine production was stable year-on-year in 2020 at approximately...
(Kitco News) - The copper market might be seeing some near-term profit taking as prices fall from record highs, but one Canadian bank thinks the rally is just starting.
What Can 'Dr. Copper' Tell Investors?
Investors frequently rely on copper price trends to gauge future movements in the global economy. But which aspects of an economy does copper most closely mirror?
(Kitco News) - Like the Greek legend, the copper market appears to have flown too close to the sun in its historic rise to record levels. Now, prices are falling back down to earth, according to one res...
Mining stocks have bulldozed ahead as prices for copper, iron ore and aluminum surged. Long-term bullish outlooks for copper prices are tied to green energy and EVs.
(Kitco News) - Copper is one of the leaders of this year's commodities bull rally, and its price surge is far from over, according to Goehring & Rozencwajg Associates, which is projecting at least a sev...