Commodities have rebounded from their biggest plunge since the financial crisis on the back of upbeat US economic data, rising demand from emerging economies and a falling dollar.
After suffering their biggest weekly drop since December 2008 last week, commodities bounced back strongly on Monday, with oil and silver leading a recovery which some economists speculate could be the start of a new rally. Standard & Poor's GSCI Index of 24 commodities advanced 2% in morning trading in London after the index dived 11% in five days last week, reported Bloomberg. In particular, investors are piling back into silver and oil. Silver, which led last week's sell-off after suffering its biggest slide in thirty years, has rebounded by more than 5% whilst brent crude, which ...
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