Tag Archives: S&P GSCI® Gold
Gold’s Time to Shine
The first half of 2020 has been gold’s time to shine. The double-digit YTD gains outpaced equities and other safe-haven assets during these uncertain recessionary times. As of May 29, 2020, the S&P GSCI Gold was up 13.94% YTD. Unprecedented global fiscal and monetary stimulus measures have significantly increased sovereign debt levels, leading to concerns…
- Categories Commodities
- Other Tags
Golden Eye of the Storm
Much has been made of the relative performance of gold since the start of the global COVID-19 pandemic. The S&P GSCI Gold gained 10.2% YTD through April 7, 2020, highlighting its safe-haven status; however, it is worth reviewing this performance and considering what demand drivers may influence gold prices over the coming months. The generally…
- Categories Commodities
- Other Tags
Rapid Reset
Over the past decade, we witnessed the longest economic expansion in history. During that time, risk appetite spiked, elevated largely by deflated interest rates around the globe in the wake of the Global Financial Crisis, as accommodative monetary policy lifted many investors up the risk curve. As in previous crisis periods, elevated risk asset valuations…
- Categories Commodities
- Other Tags
- Categories
- Commodities
- Other Tags
Coronavirus Hits Commodities Markets in February
The S&P GSCI, a widely recognized measure of broad commodities market beta, fell 8.4% in February. The global spread of coronavirus represents a simultaneous demand and supply shock, a situation that is close to unprecedented in global commodities markets. Across these markets, losses in February were driven by the petroleum complex and livestock, while even…
- Categories Commodities
- Other Tags
A Noble Metal Idea
S&P Dow Jones Indices, the world’s leading index provider, launched the S&P GSCI Gold Dynamic Roll 70/30 Futures/Equity Blend in November 2019. It is the first single-commodity-focused futures/equities blended index of its kind in the gold market. In the current environment where investors are looking to diversify, this product is designed to provide a reliable…
- Categories Commodities, Equities
- Other Tags
Diwali, the Festival of Lights, Illuminates the Glistening Qualities of Gold
In India, the festival of lights known as Diwali brings with it a seasonal uptick in gold imports. A feature of this renowned festival involves the exchange of gifts among friends, families, and colleagues. The most popular gift to give during the festival is gold. The propitious sentiment toward the precious metal makes it a…
- Categories Commodities, India
- Other Tags
- Categories
- Commodities, India
- Other Tags
Palladium – All That Glitters Is Not Gold
Much has been made during recent months of the renewed interest investors have shown in gold on the back of growing financial market turbulence, a plethora of geopolitical flashpoints, and a string of economic releases that have fallen short of expectations. But gold has not been the shiniest precious metal this year; back in January,…
- Categories Commodities
- Other Tags
- Categories
- Commodities
- Other Tags
A Return to the Golden Age?
It should be no surprise to seasoned investors that gold has regained some of its shine over recent months. A resurgence in investors’ appetite for so-called “safe-haven” assets has seen the S&P GSCI Gold rise by 11% since mid-August 2018 to the highest level since May 2018. Considering gold’s relative performance, which is arguably a…
- Categories Commodities
- Other Tags
- Categories
- Commodities
- Other Tags
Is Gold A Good Hedge For Your Home?
Gold, traditionally, has been perceived as a safe haven that investors flock to during periods of uncertainty and high inflation. The question we are interested in examining is whether or not the safe-haven argument holds true for protecting against homes’ falling prices. Home prices are generally considered a leading economic indicator since a drop in…
- Categories Commodities
- Other Tags
- Categories
- Commodities
- Other Tags