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Going Beyond Gold: Capturing the Broader Commodity Complex
Gold has undeniably been the standout asset class of the year, stealing the spotlight after a string of record highs. Bullion prices have surged 30% YTD to outpace equities and bonds amid a combination of central bank hoarding and a general flight to safety. Despite the precious metal’s glimmering outperformance, investors may be overlooking opportunities among the broader commodities complex. The Bloomberg Commodities Index (BCOM) is the most widely cited benchmark for commodities in a multi-asset portfolio. Precious metals comprise 20% of the index, industrial metals account for 16%. Energy makes up nearly a ... (full story)