WHAT’S BEHIND THE RECENT SURGE IN RARE EARTH ETF?

The world is closely watching the exchanges between China president Xi Jinping and America’s Trump. Jinping’s latest trip to a major rare earth minerals company in Jiangxi province has stirred speculations and reactions.

VanEck Vectors Rare Earth/Strategic Metals ETF’s REMX gain ofaround 5% to close at $15.25 on May 21 can also be the result of this visit. Per Reuters, MVIS Global Rare Earth/Strategic Minerals Index recorded the highest one-day gain of 6.4% since October 2011 on the day.