The GSCI has registered an increase of 34.89 points or 6.61% since the start of 2024, based on trading data for a contract for difference (CFD) that tracks this benchmark market for commodities.
Historically, the GSCI Commodity Index peaked at an all-time high of 1718.63 in July 2008.
Looking ahead, experts predict the GSCI Commodity Index will trade at 520.05 points by the end of this quarter, according to global macro models and analyst expectations. In the following 12 months, projections estimate a decline to 498.96 points.