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Gold, platinum and Brent will lead a rise in raw materials due to high demand from investors who want to preserve their assets in a crisis, according to Tony Hall from Duet Commodities Fund Ltd, who brought a revenue of 33% for its clients this year.
Gold can record growth of 21% to a record 2,200 dollars an ounce by the end of this year, and platinum rise to 10% for the same period, according to analysts.
The biggest expected increase in the price of Brent oil, which is possible to rise to 140 dollars a barrel in the next six months, according to specialists.
At a time in which the index tracking the performance of global markets – MSCI All-Country World Index fell by 9.6%. The one tracks the performance of raw materials, added 2.6 percent to its value, driven by the appreciation of silver, gold and energy resources .
Investors had positions in commodities worth 431 billion dollars in July, which is nearly five times more than their positions six years ago.
And while holders of shares are aggregated losses of 8.5 trillion. dollar since May, speculators have significantly increased their bets on commodity prices. Even the poor performance of the economy will hurt the movement in commodity prices.
Since the beginning of year gold has risen by 28% to 1923 dollars an ounce, heading for the 11th consecutive year of growth, which would be the longest increase of at least nine decades.
It is the second best-performing asset from the beginning of the year after silver rose 32 percent to date.
Gold traded at a ratio of silver to 45, which is significantly below that of 84 in 2008
The price of Brent traded at a premium of 24.34 dollars more than that of crude oil. Premium fell from 25.93 dollars on the sixth to September and zero in 2009.