Gold’s rise in January bodes well for commodities for rest of 2016

When the price of gold rises in January C as it did last month by 5.3 per cent C it usually means investors can expect the rest of the year to be a good one for the world's commodities.

When the cost of gold rises in January C because it did last month by 5.3 percent C it usually means investors can get all of those other year to be a good one for that world’s commodities.

In fact, when gold has increased in January, the S&P GSCI, a catalog composed of 24 commodity futures, has gone onto record an annual gain 72 per cent of the time, according to an analysis by S&P Dow Jones Indices. With gold being up last month, there’s a 72 per cent chance that the S&P GSCI will rise this season. 

The index has lost a little over six per cent so far in 2016 C but tanked 26.1 per cent in the final Twelve months.


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