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October 30, 2017
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.
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