Filed under: Indices, Market matters, Technical Analysis, Commodities

Although they’ve given back a bit of ground lately, commodity prices have performed well during the past year. Since last February, the benchmark Reuters/Jefferies CRB Index has gained 21.8%, aided in particular by strength in agricultural, energy and precious metals-related products.

One group of commodities, base (or industrial) metals — which includes aluminum, zinc and copper — has not kept pace with the others, however. Over the past twelve months, the Deutsche Bank Liquid Commodity Index-Optimum Yield Industrial Metals Excess Return Index — which has an exchange-traded fund, the PowerShares DB Base Metals Fund ETF (AMEX: DBB) — has only risen 2.1%.

Continue reading Base metals: Ready to run

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This entry was posted on Monday, February 4th, 2008 at 6:12 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.