Fri, Nov 28, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Index, Trends more

Goldman expects decline in commodities index in 12 months

Posted on 12 September 2013

Goldman Sachs Group Inc. cut its 12-month forecast for commodity returns, predicting a decline in precious metals, agriculture and energy. The bank kept its neutral recommendation on raw materials.
The Standard & Poor’s GSCI Enhanced Commodity Index will drop 2 percent, compared with an increase of 0.1 percent expected in July, analysts led by New York-based Jeffrey Currie said in a report today. Energy, with a 73.5 percent weighting, will probably fall 1 percent, while precious metals slide 15 percent and agriculture declines 7 percent, they said. Industrial metals may increase 2 percent………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38189 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30