PRESS ROOM
Energy and agriculture driving commodities
Thursday 04th February '21
As of 03 February, the Bloomberg Commodity Index (BCOM) is up around 4.1% for the year. The ongoing recovery in oil prices has put the energy subsector in the lead so far with agricultural commodities in second place. Industrial metals have been relatively flat so far following substantial gains in the second half of last year. Precious metals have been the notable detractors with gold prices falling by around 2.7% in January.