United States Copper Index Fund

CPER tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve.

Goldman Sachs Physical Gold ETF

Invesco DB Gold Fund

DB Gold Double Long ETN

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

iShares Gold Strategy ETF

VanEck Merk Gold Trust

ProShares Ultra Gold

iPath Bloomberg Copper Subindex Total Return ETN

Global X Silver Miners ETF

Amplify Junior Silver Miners ETF

Aberdeen Standard Physical Silver Shares ETF

iShares Silver Trust

iShares MSCI Global Silver Miners ETF

Amidst U.S. interest rate anticipation, gold clings to record highs, hinting at a possible bearish correction in the near term.

Gold, Silver, Copper Daily Forecast: Overbought Metals Eyeing Bearish Correction?

Ahead of crucial CPI data, gold prices retreat, highlighting market anticipation and Federal Reserve's interest rate decision's potential impact.

Gold, Silver, Copper Daily Forecast: Metal Adjust Before Key Inflation Data

(Kitco News) - Investment sentiment in the commodity space is seeing a slight shift as investors pay more attention to copper and less to battery metals; meanwhile, gold and silver continue to plod along, according to the latest comments from analysts at BMO Capital Markets.The Canadian Bank just wrapped up its 33rd annual Global Metals, Mining & Critical Minerals Conference, and according to attendee surveys, copper was the metal with the most potential for 2024.“We did sense some signs of investor fatigue in waiting for 2024 copper price upside, though most agree that supply-side issues have changed underlying market expectations for this year.

Investors see copper as the top asset for 2024, with gold in second place; interest in critical metals cools at BMO's Global Metals, Mining & Critical Minerals Conference

Amid heightened rate hike expectations, Gold's subtle gain showcases its enduring appeal in uncertain financial climates.

Gold, Silver, Copper Forecast: Resilience Amid Rate Hikes, China Optimism

Copper and gold should be the commodities that see the biggest benefit once the US Federal Reserve starts to cut interest rates, according to Goldman Sachs. "The immediate price boost from a Fed driven 100 basis point decline in U.S. 2-year rates is the largest for metals, especially copper (6%), and then gold (3%), followed by oil (3%)," the US bank said in a note.

Gold and copper to get boost from rates coming down, predicts Goldman Sachs

Goldman Sachs predicts a 6% rise in copper and 3% in gold prices following Fed rate cuts.

Gold, Silver, Copper Forecast: 6% Copper, 3% Gold Rise on Fed Cuts – Goldman

Global X Copper Miners ETF

iShares MSCI Chile ETF

iShares MSCI Peru ETF

Copper prices are poised to surge by more than 75% in the next two years, primarily due to disruptions in mining supply chains and a growing demand for the metal, per a report by BMI, as quoted on CNBC.

Copper Prices to Surge in 2024? Likely ETF Beneficiaries

Copper prices are poised to hit $15,000 on the back of mining supply disruptions amid higher demand for the red metal.

Copper could skyrocket over 75% to record highs by 2025 — brace for deficits, analysts say

Copper prices reached a record high in March 2022 but have since corrected and are now below $4 per pound. China is the world's leading consumer of copper, accounting for over 50% of annual refined copper supplies. Mining legend Robert Friedland believes significant new copper supplies will only be available once prices reach $15,000 per ton.

CPER: The Compelling Case For Copper In 2024

Gold prices, currently at $2,064.84 an ounce, are poised for significant gains in 2023 due to anticipated Federal Reserve interest rate cuts, potentially starting as early as March 2024.

Gold, Silver, Copper Daily Forecast: Bullish Gold Amid Rate Cut Hopes

(Kitco News) - Next year will be a breakout year for copper, said Ellis Martin, founder of The Ellis Martin Report.

Copper prices could run as high as $5 per pound in 2024, says Ellis Martin

(Kitco News) - According to the Ministry of Energy and Mines of Peru (MINEM), copper production in Peru, the world's second largest copper producing country, amounted to 240,097 tonnes in October 2023, up 1.9% compared to October 2022 (235,725 tonnes).

Copper production in Peru up 2% in October and 14% in 10M23 - report

(Kitco News) - The main driver for copper prices to go higher is under-supply and not electrification, said Christopher Ecclestone, mining strategist at Hallgarten + Company.

'Copper has been brutally pumped'- Hallgarten's Ecclestone

Gold prices steadied after recent highs, balancing between Fed signals and geopolitical tensions, with key U.S. data and China's mixed economic cues affecting Silver and Copper.

Gold, Silver, Copper Daily Forecast: Navigating Economic Uncertainty

(Kitco News) - In 2025 primary copper supply will “start to fall off a cliff,” but the copper price isn't high enough yet to incentivize new mine builds, says Nicole Adshead-Bell, chair of Hot Chili (TSXV:HCH).

No new copper projects until the market is 'screaming for it'

(Kitco News) - The National Institute of Statistics and Informatics of Peru (INEI) announced today that the domestic mining and hydrocarbons sector expanded by 3.1% in October 2023 compared to the corresponding period in 2022.

Copper production in Peru up 2.1% in October, mining sector expands 3.1%

(Kitco News) - According to Chile's National Institute of Statistics (INE), the country's industrial production index (IPI) rose 1.1% in October 2023 y-o-y, driven by growth in Chile's manufacturing and electricity, gas and water sectors, while mining was down.

Copper production in Chile falls 4.4% in October - report

(Kitco News) - Copper's traditional role, tracking the overall health of the global economy, is changing, said Todd Warren, portfolio manager at Tribeca Investment Partners.

Everything you know about copper is about to change

(Kitco News) - Copper producer Ivanhoe Mines (TSX: IVN) announced on Monday that the company has been granted 22,195 square kilometres of greenfield prospecting rights for exploration in the Moxico and Cuando Cubango Provinces of Angola.

Ivanhoe launches copper exploration campaign in Angola, eyeing extension of the Copperbelt

The Copper/Gold ratio has been indicating a counter-cyclical environment since June 2022. Copper is cyclical and inflation sensitive, while gold is counter-cyclical and a "liquidity haven.

Copper/Gold Ratio: Still Counter-Cyclical

(Kitco News) - ICSG said that global refined copper balance in 9M 2023 indicates an apparent surplus of about 17kt (8M 2023: 99kt), as refined copper production increased by about 5.3% while refined copper usage grew by about 3%.

Global copper surplus shrinks to 17kt in 9M23, ICSG reports

(Kitco News) - Reuters reported that the company is considering putting the key Panama copper mine in care and maintenance mode starting this week.

First Quantum warns of further winding down, copper prices jump

Green-energy transition requires increasing supplies, but demand is waning.

Copper Market Slump Threatens Shift to Wind Power, Electric Cars

The copper outlook remains pressured by near-term supply and demand headwinds. Leading indicators suggest no respite anytime soon. With copper still trading well above its 'floor' price, I don't see a compelling reason for CPER exposure here.

CPER: Fade The Copper Dip

Lower prices may indicate industry weakness, but the latest checkup with “Dr. Copper” shows the health of the global economy is holding up.

News for United States Copper Index Fund ETF (CPER)