commodity-prices-to-benefit-from-global-wealth

Commodity prices to benefit from global wealth

Tobias Merath of Credit Suisse predicts a strong year for commodities.
Gold glitters: Credit Suisse is bullish on the prospects for the precious metal
Gold glitters Credit Suisse is bullish on the prospects for the precious metal


The last few weeks were mainly marked by the recovery of commodity prices following the sharp correction right at the start of the New Year. As a result, the major commodity indexes are now trading significantly higher again than in mid-January. Since its low point for this year on January 9, the Dow Jones AIG Commodity Index DJAIG Index managed to regain more than 8%. Over the same time, the Goldman Sachs Commodity Index GSCI Index even recovered more than 9%. While those numbers seem impressive, the YTD performance of commodity indexes remains poor,...

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