Our prices are daily 'spot' and/or closing prices gathered from a variety of public sourcesĪnd offer a daily snapshot of a particular metal's price. Mining companies and funds that invest in mining firms. Investors also participate in metal price speculation through investment in Other ETF's track the price of an individual metal or a group Some of the more complex metal price ETF's are designed to track the inverse of a metal's price or even Some metal orĬommodity-based ETF's may be fully backed by the material in question, while others may not.ĮTF's are available for most all of the important industrial, base and precious metals. Through specialized instruments such as ETF's (Exchange Traded Funds). Retail investors the opportunity to participate in metal investing and price speculation Outside of specialized commodity markets, many investment firms and equity markets offer These instruments also give speculators the opportunity to profit from unpredicted price Participants to reduce potential volatility in the price of their metal supply. Require direct and private agreements with the metal producer.įor popular metals, many markets offer futures and options contracts which allow market Less common metals or those with specialized uses may not be publicly traded at all, but Using prices set by those producers or related trade associations.

Other metals are bought and sold directly through the offices of metal producers New York Mercantile Commodity Exchange (COMEX) and London Metal Exchange (LME). Many important metals are traded on public exchanges. Daily Metal Prices How are Metal Prices Determined?

Iridium metal price