Tag: gold price

• Friday, November 20th 2015 - 07:47 UTC

  Goldman Sachs forecasts another miserable year for commodities in 2016

  

  A slowdown in China, which gobbled up raw materials everywhere from Australia to Chile, exacerbated a supply glut in most major commodities. And Goldman Sachs thinks the pressure is likely to persist as it noted its underweight position in commodities for the next 12 months.