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Commodities Briefing - Categorized | Index, Performance more

Commodities rise most in three months on manufacturing growth

Posted on 03 April 2012

The Standard & Poor’s GSCI Index of 24 commodities rose the most in three months, led by gains in petroleum and metals, after a report showed manufacturing in the U.S. expanded at a faster pace than forecast.
The index climbed 1.8 percent to 701.04 as of 3:30 p.m. in New York, the biggest one-day gain since Jan. 3, after the Institute for Supply Management’s factory index increased to 53.4 last month from 52.4 in February, the Tempe, Arizona-based group’s data showed………………………………………..Full Article: Source


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