Best Commodity Bet? Goldman Sees A Clear Winner

Posted By on September 17, 2010

By Bloomberg News

September 17, 2010

The best returns in commodities over the next 12 months will probably be in energy and the biggest losses in agriculture, Goldman Sachs Group Inc. said.

The bank is forecasting a 27 percent advance in energy over 12 months, a 17 percent jump in precious metals and a 15 percent gain in industrial metals, analysts led by London-based Jeffrey Currie said in a report today. Agriculture will decline 10 percent, the team forecast.

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