🟢 VanEck Rare Earth and Strategic Metals ETF is trading 4.3% up today as supply security fears and inflation drive demand for hard assets

VanEck Rare Earth and Strategic Metals ETF is trading 4.3% up today at $88.80 as rare-earth and strategic metals miners rebound alongside broader materials and commodity-linked assets.

• Geopolitical tensions, including the closure of the Strait of Hormuz and oil prices climbing above $94, have heightened concerns over supply security and strategic metals sourcing.
• Persistent 4.2% CPI inflation continues to support demand for hard-asset and resource exposures, even as the market weighs ongoing Federal Reserve interest rate hike worries.