15.08.2016 - Is the wild ride in commodities over?
Congratulations if you called the path of commodity prices this year. You’re probably also among the 0.0001pc of people who guessed Leicester City would win the Premier League. And of course, you predicted Brexit. In a topsy-turvy world, metals have shown surprising strength. After cratering in 2015, a basket of major commodities has soared in price this year, from the remarkable 36pc climb of iron ore, to the stellar performance of precious metals, with gold and silver up 25pc and 43pc respectively. Zinc, a mineral used to galvanise other metals to stop them rusting, has chalked up a 41pc rise...............................................Full Article: Source
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