NEW YORK: Commodities prices jumped to new highs as signs of economic recovery raised hopes of renewed energy demand and a weaker dollar stoked investor appetite for precious metals.
The Bloomberg Commodity Spot Index, which tracks price movements for 23 raw materials, rose 0.7% Monday. The index is at levels not seen since 2012.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!