Tuesday, March 25, 2008

Booming Commodities Market


Compared to the Indian equity market, the commodity market has succeeded in alluring several investors. The ongoing sluggish performance of the equity market has made investors dissatisfied. Commodities like crude, platinum, silver, gold, palm oil and others have witnessed a fluctuation ranging from 13 to 33% from the very beginning of this year. Though the fluctuation persits in the commodities market, there is considerable uptrend present in this market. This particular uptrend has taken its inception since 2004 following the surge in Global economy. Investments have thus taken a major position since then.
Currently, it can be seen that a significant rise has taken place in the commodities market and the major reason behind such rise is the US recession , which has been further aggravated by the subprime crisis.

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