Thursday, July 19, 2012

Wheat topped commodity gainers year to date

                                                       Data source: Business Insider
                                                          Data as on 30th June 2012

While commodities have been a favourite investment bet over the past year, not many have yielded sizeable returns for investors. In fact as against popular perception, precious metals like gold and silver were not the top gainers. Nor were key industrial metals like copper and aluminum. On the contrary, food grains like wheat and corn saw the maximum year on year rise in prices. We will not be surprised if rising glob al demand for food products coupled with speculative interests, cause food commodities to move into unchartered territories.

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