Commodities
Base Metal
Definition
What is Base Metal?
A widely used industrial metal such as copper, aluminium, zinc, or nickel.
Example in practice
How This Looks in Practice
Copper prices often reflect construction and manufacturing demand.
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Related Terms
Commodities
Precious Metal
A scarce metal commonly held for industrial use, jewellery, or investment.
CommoditiesGold
A precious metal used as jewellery, an industrial input, a reserve asset, and an investment.
CommoditiesSilver
A precious metal with both investment demand and extensive industrial use.
Alternative InvestmentsRoyalty Company
A company that finances producers in exchange for a percentage of revenue or output.