homeWelcome, sign in or click here to subscribe.login
     


 

 

Money


Subscriber content preview

October 30, 2017

Metal prices surge; metal investment funds struggle

  • Features that protect the funds from price shocks may have limited their recent gains.
  • By MARLEY JAY
    AP Markets Writer

    NEW YORK — Metals prices have surged over the last year as China's economy rebounds and Donald Trump's election lifts prospects in the U.S. But investors hoping to get in on those gains face a challenge: funds that target those commodities have struggled.

    Copper, which is used in large amounts in construction, power generation and manufacturing, has surged 49 percent in the last year. Palladium, which is used in cars' catalytic converters and electronics, has also risen about 52 percent in 12 months. It hasn't been this expensive since early 2001.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.