Global X Copper Miners ETF is trading at $85.15 (-5.62%) following a broad selloff in copper miners as commodity prices retreat.
- Copper futures fell approximately 1.43% on June 5, putting significant pressure on mining margins and underlying ETF holdings.
- The decline follows a period of volatility for the fund and coincides with a weaker intraday risk appetite as major U.S. indices also trade lower.