ETF Trends
ETF Trends

Base metal exchange traded funds (ETFs) have rallied more than 55% off the market’s March 9 low thanks to a combination of factors, including more demand from China and a weakening dollar.

Among the factors leading to strength in commodities in general, and base metals in particular, include:

  • A weakening dollar is adding an extra lift to the demand for major base metals, such as aluminum, copper, nickel, zinc and lead, Sharma notes.
  • PowerShares DB Base Metals (DBB): up 57.5% year-to-date

For more stories about base metals, visit our base metals category.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.