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Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

Commodities bouncing back in 2009

Posted on 18 February 2009

From Marketoracle.co.uk: The numbers for 2008 are in, and we can now quantify just how rough the year was for commodity spot markets. So far in 2009, the results are much better, though that’s not the case across the board.

Out of our basket of 14 hard and soft commodities, only coal and gold finished 2008 in positive territory. Coal was up 12.6 percent due to a relatively strong first half of the year, while gold rose nearly 6 percent during the year as many investors concerned about rapidly devaluing assets fled to a safe haven….. Full Article: Source


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VRS - who has written 36151 posts on Opalesque Commodities Briefing.


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