Key highlights from the Dow Jones UBS (DJ-UBS) Commodity Index include:
- 14 of the 22 commodities in the DJ-UBS Commodity Index posted gains for the month, driving the index up 1.4% MTD.
- DJ-UBS Energy is up 4.2% MTD, with fundamentals driving up oil and unleaded gasoline. DJ-UBS Petroleum was up 8.1 for the index.
- DJ-UBS Gold was up 7.1% in July—supported by bank buying of the metal—rebounding after its worst month in June since 1981.
- The biggest losing sector in the index for the month was DJ-UBS Agriculture, losing 3%. Corn lost 8.8% MTD, pushing the YTD return down to -17.3%.
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