DBB - Reasons To Consider Increasing Base Metals Exposure Via The DBB ETF
2024-02-08 13:35:40 ET
Summary
- Base metal prices on the London Metals Exchange have fallen after reaching highs in 2022.
- Copper is the most closely watched base metal due to its role in infrastructure building and addressing climate change.
- Stable or falling U.S. interest rates and a weaker U.S. dollar could support higher base metal prices.
- Invesco DB Base Metals Fund ETF is a fund with direct exposure to copper, aluminum, and zinc prices.
Copper, aluminum, nickel, lead, zinc, and tin are the base or nonferrous metals traded on the London Metals Exchange. After reaching highs in 2022, prices have moved lower....
Reasons To Consider Increasing Base Metals Exposure Via The DBB ETF