Copper ETF Solidly Higher

iPath Dow Jones-UBS Copper Subindex Total Return ETN

shares are solidly higher, as copper has hit an intra-day high of $4.177 per pound. At last check, shares were trading at $54.95, up 20 cents or 0.37% on the session. This is particularly important to watch, as it could mean that risky assets are poised to move higher soon, as it appears that buying interest is being found in copper, now up around 1 cent on the session.