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Commodities Briefing - Categorized | Metals and Minerals more

Supply worries cloud 2014 mining outlook

Posted on 02 January 2014

2013 was a horrible year for commodities. The Dow Jones-UBS Commodity Index, which tracks 22 commodities traded in London and on US markets, fell 9.6% in 2013, the third consecutive annual loss.
The Standard & Poor’s GSCI Spot Index of 24 raw materials showed a more modest 2.2% decline this year, but it was the fifth year in a row of losses. Corn fell by the most last year with a 40% retreat on the back of a record US harvest, while gold’s 28% plunge was the worst performance in three decades and silver dropped 36%………………………………………..Full Article: Source


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