High Costs, Falling Prices Threaten to Dull Nickel ETF
August 30, 2008 at 04:00 AM EDT
Nickel is on a downward slide that may be greased up by slick oil prices and scaled-back production that could halt growth in exchange traded funds (ETFs) for the time being. This year, there has been a slump in nickel prices of around 30%, which are blamed on rising prices of oil and the sharp fall [...]