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.
- Data Points: Energy & Metals [MarketBeat]
Photo by Tao Zhyn