As GLD has surged 10% over the past 90 days, the iShares China Large-Cap ETF (NYSEArca: FXI) has tumbled nearly 14%, a decline that has weighed heavily on JJC. Falling copper prices have stoked declines for the iShares MSCI Chile Capped ETF (NYSEArca: ECH), which is one of the worst-performing Latin America ETFs this year with a loss of 9.2%. Chile is the world’s largest copper-producing country.
Gold/Copper Ratio
Chart Courtesy: ETF Securities
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of GLD.