How to Invest in Copper
Copper has been known to mankind for thousands of years and has been an important metal in human development since it has similar properties as some, more expensive, metals. Copper is similar to silver and gold in many ways as the red metal is very ductile, malleable and it can very easily conduct heat and electricity.
While copper may share some similarities with the precious metal group, copper\'s extremely cheap price causes the metal to have far more uses in industrial applications. Copper is used throughout wiring systems as well as in plumbing and circuit boards as well. In addition to copper wire and copper piping, the reddish-orange metal is used in power generation and transmission, heating and cooling systems, and telecommunications equipment, ensuring that the metal remains a crucial aspect of modern industrial life.
There are a wide number of options for those seeking exposure to copper. Investors have the option of buying up bars of copper or looking at some of the physically-backed ETPs that are currently on the market in some countries. Additionally, investors also have the option of buying futures contracts of the metal which are extremely liquid. There are a number of ETPs that allow investors to gain exposure to the red metal via futures either in a basket or exclusively. Lastly, investors have the option of buying any number of companies that are focused on the mining of the metal or by looking at an ETF that invests in copper mining companies.
Ways To Invest In Copper
Copper In The News
- Q1 2014 Earnings on Tap: Potash, Miners, and Agribusinesses Report
- The Best and Worst Performing Commodities of Q1 2014
- China’s Slowdown Hits Commodities
- Commodity Earnings on Tap: SLB, HAL, FCX
- Backwardation Report: A Mixed Bag
- Q3 Earnings Scorecard: Commodity Stock Hits And Misses
- U.S. Housing Market Faces Potential Headwinds
- Caterpillar’s Earnings Highlight Mining Industry’s Challenges
- 2 Commodity Stocks To Buy When The Government Shutdown Ends
- The Billion Dollar Copper Theft Industry