Base Metals (DBB) Hit a Wall
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Near term market trends have smacked commodity prices lower, including base metals which have dropped over 2.5 percent in the last five days.
Traders looking for a trade in metals should take a look at the DB Base Metals Fund (NYSE: DBB). DBB Tracks the DBIQ Optimum Yield Industrial Metals Index Excess Return, which is composed of futures contracts on some of the most liquid and widely used base metals, including aluminum, zinc, and copper. In short, DBB reflect the performance of the industrial metals sector.
Traders looking for a trade in metals should take a look at the DB Base Metals Fund (NYSE: DBB). DBB Tracks the DBIQ Optimum Yield Industrial Metals Index Excess Return, which is composed of futures contracts on some of the most liquid and widely used base metals, including aluminum, zinc, and copper. In short, DBB reflect the performance of the industrial metals sector.
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