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Copper and silver ETFs hit by economy, position limits

Posted on 20 October 2011

Slowing global economic growth and the passage of a new rule designed to curb speculation in commodities futures were pressuring exchange traded products that follow the price movements of copper and silver, two key industrial metals, on Wednesday.
Silver and copper funds led the decline in metals Wednesday. The iShares Silver Trust was down 3.5% at last check and iPath Dow Jones- UBS Copper Sub-Index Total Return ETN shed 4.7%……………………………………….Full Article: Source


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VRS - who has written 34673 posts on Opalesque Commodities Briefing.


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