Gold’s record-breaking run saw bullion breach the $1,150 level this week, helping silver, platinum, palladium and copper reach fresh 2009 highs as investors continued to pour money into commodities.
Barclays Capital said total inflows into commodities this year were approaching $55bn, a record, above the previous peak of $51bn in 2006. BarCap said a more nuanced view of supply and demand fundamentals was returning and that total commodity assets under management would end the year between $230bn and $240bn.
