Commodities Turn in Big Gains For 2009

2009 was a stellar year for the stock market.  But, did you know that commodities also rallied strongly during 2009?

Check out these returns:

  • Oil closed at $79.36, up $34.76 per barrel, or 78%.  This is the largest yearly percentage gain since 1999.
  • Gold closed just above $1095, up over $211 per ounce, or 24%.  Gold has gained 280% this decade.
  • Copper rose 139% for the year.  This is the largest annual gain in history.  Copper is up 290% for the decade.
  • Lead was the leader of the pack, up 145% in 2009.

Bloomberg also has a list of commodity returns through December 30th.

Sources

Photo by Tao Zhyn

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