Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Chart: How Every Commodity Performed in 2016

Jan. 6, 2017

Chart: How Every Commodity Performed in 2016

 

2016 Commodity Performance

It was an up and down year for commodities, but things ultimately finished in the black.

The S&P Goldman Sachs Commodity Index (GSCI) climbed 10.1% on the year – it was just enough to edge out the S&P 500, which ended 2016 with a 9.5% return.

WINNERS IN 2016

The biggest winners on the year were base metals and the oil and gas sector.

Here’s how base metals did:

Iron ore and zinc were the best performing commodities on the face of the planet in 2016. Iron finished up 81%, its first calendar gain in four years. Meanwhile, zinc shot up 65.7% on the year as major zinc mines shut down, and supply stockpiles dwindled.

Oil and gas also posted a major comeback in 2016:

To see charts please click link http://www.visualcapitalist.com/chart-every-commodity-2016/