A Closer Look: Commodities

The GSCI Commodity Index ((GSG)) consists primarily of Energy (71%), but also contains Agriculture (14%), Industrial Metals (7%), Livestock (4%), and Precious Metals (4%). The index fell below the 50-day moving average, falling to the 34.40 support level. With the dollar likely to strengthen further, contingent on the government not pursuing another round of quantitative .. read more