Commodities
Copper Rises Amid Gold Recovery Efforts
Copper prices continue to rise as gold tries to regain lost ground after correcting through much of the Iran conflict.
The United States Copper Index Fund ETF (CPER) has been a standout winner among exchange-traded products offering a pure play on metals, with copper becoming the critical wiring behind the entire AI buildout.
The revival of precious metals is based on a set of ETFs through Tuesday's close (Aug. 11), but copper's resilience during the war has endured.