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Commodities weekly: Geopolitics lift crude and gold
Geopolitics derails risk sentiment, but for hoThe commodities sector is on track for a second weekly gain, with the Bloomberg Commodity Total Return Index up 5% so far this month, lifting year-to-date returns in USD above 8%. This performance significantly outpaces other US dollar-denominated assets, including bonds and equities, with both the S&P 500 and Nasdaq lagging well behind. This week's gain was primarily due to gold and crude oil strength in response to heightened geopolitical tensions following Israel’s latest and so far most aggressive attack on Iran. While commodities typically rally during periods of ... (full story)
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- Jun 13, 2025 8:00am Posted byFundamental Analysis284
