Investing.com – Commodities have outperformed other asset classes in the first half.
The S&P Goldman Sachs Commodity Index is up 17.42% since the start of the year.
That contrasts with a gain of only 3.11% for the S&P 500 index.
Among commodities, silver’s performance has particularly sparkled.
The precious metal is up 35% since the start of the year, with gold adding only 25%.
Both gold and silver have been buoyed by Britain’s decision to leave the European Union.
Analysts believe we may be at the start of a new bull run.
Some see silver in a range of $25-$32 an ounce by year-end, up from $20.4 at present.
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