| Bloomberg commodity Index is slightly gaining its value in last three month. However, its returned still decline by 24.89% on year on year basis. Bloomberg Commodity Index is calculated on the basis of an excess return and reflects twenty commodity exchange traded futures price movements, including energies, Industrial metals, precious metals, grains, soft commodities and livestock.
Demand for global commodity markets slumped in last one year due to booming in global equity markets. Investors reduced their interest in commodity to markets. Index slid mainly due to tumbled in crude prices as lower demand in the market against higher supplies. Dollar-denominated commodities such as gold, crude and copper prices tend to decline when dollar gains, as this makes it costlier for buyers for other currencies...............................................Full Article: Source
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