The Dynamic Commodity Index (DCX) achieved a remarkable performance last week, rising by +1.38% to 112.54 points. Since the beginning of the year, this reflects an impressive growth of +15.33%. Particularly the sectors of precious metals and energy contribute to this positive development.
Metals as a Driving Force
The precious metals and energy sector stands out significantly this week. Palladium made a substantial leap of +12.38%, reaching a two-year high. Underlying political uncertainties seem to further fuel this positive momentum.
TTF Natural Gas also exhibited remarkable growth with an increase of +7.22%. Factors such as an ongoing heatwave, storage deficits, and geopolitical adjustments support this dynamism.
Precious Metals as Safe Havens
Silver achieved a 13-year high, increasing by +5.22%. Geopolitical tensions are increasingly directing investors towards tangible assets as safe investments. Similarly, Platinum reached new highs with an increase of +4.26% due to tariffs and supply bottlenecks.
These trends are also reflected in the overall commodity markets. Gold has gained a significant +27.86% since the beginning of the year, currently trading at around 3,355 USD per ounce. Oil (WTI) has also recently reported growth of +2.81%, although the year-start level is slightly in the negative.
For investors, this dynamism presents opportunities, as demand in these sectors remains robust. At the same time, the markets are also exposed to increased volatility from external factors such as interest rate changes or trade tariffs.