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Article: Commodity Portfolio Monthly : September puts gold in focus.
- Article from:
- Albawaba.com
- Article date:
- October 14, 2009
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Summary: September returns unexciting for main commodity indices
September returns unexciting for main commodity indicesThe MLCX TR index returned -0.94% in September as most sectors posted negative or limited returns. In turn, the DJ-UBS TR index posted 1.57% while the S&P GSCI TR returned 0.17%. The ML US Broad Bond Market index returned 1.20% and the S&P 500 TR gained 3.73%.
US nat gas prices recovered, oil stayed flat on the monthAfter US nat gas dipped to levels only last seen in 2002, it recovered and ended the month with strong spot price appreciation. However, investments in nat gas are markedly in the red after months of negative roll returns. ...