The Ultimate Guide To Nickel Investing

Nickel is one of the oldest known metals, with uses tracing back more than 5,000 years. Historically, nickel has been often confused with silver thanks to its physical appearance. The metal, first classified as a chemical element in the 18th century, is used widely today. While perhaps the best known use of nickel is in U.S. currency, the metal has a handful of additional applications as well. Nickel deposits are heavily concentrated in a few areas of the world, including Canada and Russia. The metal has appeal as an investable asset because of its use in steel, making nickel a way to gain exposure to the global manufacturing industry. There are a number of ways for investors to gain exposure to nickel, including exchange-traded products [see also The Guide To The Biggest Companies In Every Major Commodity Sector].

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