United States Copper Index Fund, LP (CPER)
|Day's Range||22.75 - 23.31|
|Inception Date||Nov 15, 2011|
The United States Copper Index Fund, LP (CPER) is an exchange-traded fund that is based on the SummerHaven Copper index. The fund tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve. CPER was launched on Nov 15, 2011 and is managed by US Commodity Funds.
Risks to global demand contributed to a decline in copper prices this year, but the value of the industrial metal may have fallen too far, as supplies look to remain tight for another decade or more.
Embracing responsible copper production is a small price to pay for electrification and decarbonization.
The latest case for copper
(Kitco News) - As the U.S. and Europe move towards more electricity use in transportation and energy, copper will rise in demand even as supply crunches remain, said Nicole Adshead-Bell, Director at Cup...
(Kitco News) - The price of copper, currently trading near $3.50 per pound, could skyrocket to "$6 or $8" on the back of heightened demand, said Rob McEwen, Chairman of McEwen Mining.
(Kitco News) - Gold and silver prices are modestly lower in midday U.S. trading Tuesday. Hawkish monetary policies from the U.S. Federal Reserve and other major central banks of the world have cast a pa...
How Will a Strong Dollar Impact Metals?
2022 has so far been the year of the US dollar, which has rallied over 22%. In that same time frame, both precious and industrial metals have stumbled badly.
We like copper, oil and gold for a bounce at these levels, says Carter Worth
Carter Worth, Worth Charting founder and CEO, joins 'The Exchange' to discuss the relationship between precious and industrial metals, why oil could bounce and how the long-term chart for oil looks.
Pelosi's visit to Taiwan rattles global copper markets, but slowing growth in China still the bigger worry
Copper prices fell for the third straight day on Wednesday as tensions between the U.S. and China flared as House Speaker Nancy Pelosi wrapped up her visit to Taiwan, an island that China claims as its ...
(Kitco News) - Hedge funds continue to add to their bearish bets on gold. Still, analysts say that the downside could be limited and the market is becoming an attractive contrarian move.
(Kitco News) - As recession fears continue to rise, one market analyst said that one barometer could indicate that the Federal Reserve is close to shifting its monetary policy, which would be positive f...
Copper prices could bounce after three-month slide
Carter Worth of Worth Charting joins 'The Exchange' to discuss the recent rise in copper prices, which have been down more than 30% over the last few months.
Copper-related exchange traded funds rebounded Friday after the copper market suffered through its worst weekly pullback in a year. On Friday, the United States Copper Index Fund (CPER) rose 0.3% and th...
Copper prices have declined nearly 30% since the beginning of the year, a troubling sign as the commodity serves as a good barometer of economic health.
Miner Rio Tinto warned Friday inflation and labor shortages would hit underlying second half earnings. The stock fell 1.7% in the premarket.
Copper falls below $7,000 a ton for the first time in 2 years, flashing a potential recession signal
The commodity, which is seen as a key economic bellwether, is currently in a bear market.
The need for copper will double between now and 2035, says S&P's Dan Yergin
S&P Global's Dan Yergin joins 'The Exchange' to discuss the commodities complex, including copper, and the transition to clean energy.
(Kitco News) - The gold market is at a discount to fair value; however, as long as the Federal Reserve continues aggressively tightening its monetary policy, investors are expected to remain on the side...
Commodity prices from copper to wheat are collapsing and that could flip global inflation into deflation, says Societe Generale
"The long and the short of it is that US CPI food price inflation is set to collapse into deflation, just as it did in 2008/9," SocGen analysts wrote.
Copper prices saw their biggest quarterly percentage decline in more than a decade and recently traded at their lowest level since November 2020, but the metal may still have room to fall before its rol...