Wed, Mar 4, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Index, Performance more

Commodities erase 2012 gain on global economic woes

Posted on 24 October 2012

Commodities declined, erasing this year’s advance, on speculation that demand for energy, industrial metals and some agricultural products will slump because of the sluggish global economy.
The Standard & Poor’s GSCI Spot Index (MXWD) of 24 raw materials fell 1.4 percent to settle at 639.3 at 4 p.m. New York time. Earlier, the gauge touched 635.1, the lowest since Aug. 3. The measure also erased 2012 gains in May and July. The last annual drop was in 2008………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39496 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031