Thursday, November 4, 2010

S&P GSCI Index

Formerly the Goldman-Sachs commodity index (GSCI), now the S&P GSCI.

Blurb from the Official Site

"The S&P GSCI® is widely recognized as a leading measure of general price movements and inflation in the world economy. It provides investors with a reliable and publicly available benchmark for investment performance in the commodity markets, and is designed to be a “tradable” index. The index is calculated primarily on a world production-weighted basis and is comprised of the principal physical commodities that are the subject of active, liquid futures markets."

Bloomberg, Nov 4 2010 - The S&P GSCI index of 24 commodities climbed to the highest level since October 2008.

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