2026-08-12 · etfs
Copper's Rise Continues as Gold Tries to Claw Back Lost Ground
After correcting through much of the Iran conflict to date, precious metals are starting to revive based on a set of ETFs through Tuesday's close (Aug. 11). Meanwhile, copper's resilience during the war has endured as the metal continues
Copper's Rise Continues As Gold Tries To Claw Back Lost GroundSummary
- After correcting through much of the Iran conflict to date, precious metals are starting to revive based on a set of ETFs through Aug. 11's close.
- Year to date, copper is the standout winner among the main exchange‑traded products offering a pure play on metals.
- Copper has become the critical wiring behind the entire AI buildout.
James Picerno is the director of analytics at The Milwaukee Co., a wealth manager that is the adviser to The Brinsmere Funds, a pair of global asset allocation ETFs. He also edits CapitalSpectator.com and The US Business Cycle Research Report (CapitalSpectator.com/premium-research). He is the author of three books, including "Quantitative Investment Portfolio Analytics In R: An Introduction To R For Modeling Portfolio Risk and Return." Previously he was a financial journalist at Bloomberg and before that at Dow Jones.