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COAL Surges 23% in August Driven by Global Power Demand
Source: etftrends.com
Commodities & Raw MaterialsMarket Technicals & Flows
The Range Global Coal Index ETF (COAL) surged 23.4% in August, substantially outperforming SPY (+2.7%) and XLE (+7.4%). The performance suggests strong relative momentum in coal-linked exposure versus broader equities and the energy sector during the month.
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