Another group of commodities industrial metals seems to be exerting a magnetic force on some unusual targets.
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That would be supportive for industrial metals like silver, the platinum group metals and copper.
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The prices for industrial metals were hit particularly hard in the week ended July 24.
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Avoid single stock risk by trading and investing in exchange-traded funds based on industrial metals and mining.
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There was some delay before industrial metals extended their slide after the summer drop in equities, Lewis said.
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The world's output of industrial metals is also expanding, and prices have been dropping for over a year.
Special Offer: With gold, oil, industrial metals and timberland, Canada is a playground for natural resources and income investors.
The country has an insatiable appetite for commodities, especially industrial metals and energy.
This type of linkage is repeated across the industrial metals sector and, to a lesser extent, in oil, a more speculative market.
Slow growth in demand from the U.S. will be a drag on price appreciation for industrial metals, oil, natural gas and coal.
Silver has outperformed gold this week, rising with the other industrial metals.
With the global economic outlook dimming, industrial metals are getting hit harder.
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The mature and emerging markets demand for industrial metals should continue to expand, and silver enjoys the added benefit of having investment appeal.
The bearded academic noted that prices for oil, corn, and industrial metals such s aluminum and copper saw substantial gains in recent years.
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The move is bearish for base metals since it does not do enough to stimulate economic demand which is necessary for those industrial metals.
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The ever-expanding Chinese economy is straining world-wide demand for industrial metals.
And the industrial metals rebounded on the idea that the recent pullback have been sufficient to discount the potential economic slowdowns, which may or may not materialize.
As our commodities team has highlighted, the intensity of use for some industrial metals such as copper and steel will decline markedly over the next few years.
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By contrast, safe-haven currencies such as the yen and Swiss franc rocketed, while gold also benefited from a flight from riskier assets such as stocks, oil and industrial metals.
The conventional wisdom on industrial metals like steel and iron is that companies operating in this space will see share price appreciation to the extent that China keeps booming.
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The outlook for industrial metals is hard to call since it may hinge on whether European leaders are able to resolve the debt situation to the satisfaction of financial markets.
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Other precious metals, and industrial metals for that matter, have not escaped the recent downward pressure on commodity prices as platinum, palladium, aluminum and copper also posted losses on April 15.
My take: While this is likely an investor concern, it would presumably have more of an impact on industrial metals, such as copper, as opposed to precious metals, such as gold.
Metal-forming technologies are used to shape hard industrial metals like steel, iron and aluminum into the components that are needed to make everything from computers and iPads to cars and trucks.
In none of the categories has it surpassed its relative valuation peak from 1980, but we are getting close compared to the median family income and the price of industrial metals.
In the case of industrial metals, the data and easing expectations are being viewed as a harbinger of stronger demand to come that will mean tighter market balances than would otherwise occur.
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Meanwhile, industrial metals copper and the platinum group metals fared better in the eyes of speculators, with funds turning bullish on copper as they flipped from being net short to net long.
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Platinum and palladium, as well as other industrial metals such copper and aluminium, are well down from their highs earlier in the year as markets factored in softer global economic conditions, in turn weighing on future demand expectations.
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All industrial metals have been under pressure over the past four weeks with Chinese traders reporting that demand for copper, zinc, and aluminum has failed to stage a recovery normally seen after the end of Chinese New Year celebrations.
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Industrial metals are also under pressure.
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