Precious metals to take centre stage in commodities narrative this year
Fri, Feb 16, 2024 10:48 AM

Precious metals to take centre stage in commodities narrative this year

A Flip by Shubhangi Gupta
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In 2023, the Bloomberg Commodity Total Return Index saw a decline of almost 7%, largely due to a sharp decrease in natural gas prices. However, precious metals performed well, with gold emerging as the top performer, up 13% amid global uncertainties such as the China housing market and geopolitical tensions. 2024 is expected to be favorable for commodities, particularly precious metals.

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