8. Base and Precious Metals Flashcards

1
Q

What’s are the three main derivatives exchanges for base a precious metals?

A
  1. Chicago Mercantile Exchange
  2. London Metals Exchange
  3. Shanghai Futures Exchange
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2
Q

Name three base metals?

A

Copper, iron, and aluminium

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3
Q

Name three precious metals

A

Gold, silver and platinum

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4
Q

What is it important to note with base and precious metals.

A

There is a finite supply that can be extracted

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5
Q

What are important environmental considerations concerning base and precious metals?

A

Extraction can have high environmental disruption, which comes at an environmental cost.

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6
Q

What are substitutes for base metals

A

Plastic

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