Replies to post #10421 on The Rising Influence of Rising Affluence

[DewDiligence]

Global-growth worries pummel commodities across the board:

http://www.wsj.com/news/article_email/SB20748754293200604175404581128703490121690-lMyQjAyMTA1NzI0NDgyNzQ1Wj

On Friday, copper and silver, both used in electronics, sank to six-year lows. Gold fell to a five-year low and U.S. oil prices pushed further below $50 a barrel. The S&P GSCI, an index tracking a broad basket of commodities, fell to 3866, the lowest since January.

…U.S. benchmark oil prices fell 6% this past week to $48.14 a barrel, a nearly four-month low, while front-month copper prices lost 4.9% to $2.3815 a pound, the lowest level since July 2009.

…Gold ended the week at $1,085.60 a troy ounce, its lowest price in more than five years and down 8.3% so far in 2015.