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Commodities jump to two-year high, led by corn, wheat

Posted on 06 October 2010

From Bloomberg: The Standard & Poor’s GSCI Index of 24 commodities jumped to the highest level in almost two years as corn, wheat and crude oil rose.
The index gained 1.6 percent to 556.422 at 2:23 p.m. in New York, heading for the biggest one-day rally since Sept. 1. Earlier, the measure advanced 1.7 percent to 557.066, the highest level since Oct. 7, 2008. Gold futures reached a record high, and silver touched a 30-year high……………………………………….Full Article: Source

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VRS - who has written 36243 posts on Opalesque Commodities Briefing.


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