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Silver led the movement among precious metals, with a 1.24% rise in the international market. This performance extended the commodity’s monthly appreciation to approximately 21%, directly favoring ETFs concentrated in the metal. Gold, in contrast, fell 0.25% in US dollars.
In energy, Brent advanced 1.82% to $88.52 per barrel, boosting Petrobras and other Brazilian producers. This appreciation occurred with the resumption of the geopolitical premium on oil following attacks on ships in the Strait of Hormuz. A rise in steelmakers also benefited natural resource strategies.
Among strategic metals, prices of rare earth oxides and alloys advanced moderately. Reduced supply of lower-priced products sustained the market, although purchases within the industrial chain remained cautious.
PRAF11: +2,59%
Galapagos Capital’s PRAF11 presented the highest gain. The ETF invests in SIVR, a fund backed by physical silver bars stored in London, and tracks the metal’s international price.
The 1.24% rise in silver offered the main support. The 0.21% advance of the US dollar against the Brazilian real reinforced the return in Brazilian currency.
SLVR11: +2,04%
XP Asset’s SLVR11 advanced 2.04%. The fund seeks to replicate the LBMA Silver Price and offers exposure to the international price of silver.
The result reflected the appreciation of the metal and the strengthening of the dollar. The ETF fell below PRAF11, despite similar exposure, due to differences in indices, pricing times, and replication structures.
RARA11: +1,84%
Investo’s RARA11 invests in global companies linked to the production, processing, and recycling of rare earths and strategic metals.
Prices of key rare earth products advanced. Praseodymium-neodymium oxide and metal gained value, as did dysprosium, praseodymium, and terbium oxides. The scarcity of cheaper offers sustained prices, even with low transaction volume and caution among industrial buyers.
CMDB11: +1,60%
BTG Pactual’s CMDB11 brings together Brazilian companies producing oil, mining, steel, paper and pulp, and food. Vale, Petrobras, PRIO, Gerdau, Suzano, and Klabin are among its top holdings.
The rise in oil was the main vector. Petrobras advanced about 3%, tracking Brent, while Gerdau and Metalúrgica Gerdau rose 4.76% and 5.13%. Vale also finished in positive territory, despite the weakness of iron ore futures in China.
GOLD11: +0,57%
GOLD11 tracks the international price of gold and maintains exposure to the dollar.
Gold fell 0.25%, but the US currency advanced to R$ 5.16. Currency appreciation compensated for the metal’s weakness and allowed the ETF to finish in positive territory.
The fund has accumulated a 13.81% rise in the month and 28.62% in 12 months, although it remains close to stability for the year.
DOLB11: +0,25%
BTG Pactual’s DOLB11 tracks a currency benchmark linked to the US dollar.
The US currency rose 0.21% to R$ 5.1641, following its strengthening against other emerging currencies. Two currency auctions held by the Central Bank helped contain the fluctuation throughout the session.
PIPE11: +0,20%
Buena Vista’s PIPE11 invests in international energy infrastructure companies and uses a strategy aimed at income generation. The portfolio is linked to oil and gas transportation, storage, and processing businesses.
The advance in oil favored the sector. The commodity’s rise improved the environment for energy infrastructure companies, although the ETF’s return was moderated by the portfolio’s diversified composition and the income generation structure.
Exclusive DEX PRO data. This content is for informational purposes only and does not constitute a recommendation for investment, purchase, or sale of assets.
