18 August 2020
At a high level, the commodities sector appears to be a bright spot in a market ravaged by the pandemic. The S&P/ASX Metals & Mining Index has advanced 7% year-to-date, compared to a nearly 10% fall for the All Ordinaries.
But as investors are well aware, commodity prices don’t behave in a homogenous manner. Whereas precious metals such as gold and bulk commodities including iron ore have staged impressive rallies – the likes of oil, lithium and uranium have languished.
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