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What is Goldman Sachs Commodity Index mean?
The S&P GSCI (formerly the Goldman Sachs Commodity Index) serves as a benchmark for investment in the commodity markets and as a measure of commodity performance over time. It is a tradable index that is readily available to market participants of the Chicago Mercantile Exchange. The index was originally developed in 1991, by Goldman Sachs. In 2007, ownership transferred to Standard & Poor's, who currently own and publish it. Futures of the S&P GSCI use a multiple of 250. The index contains a much higher exposure to energy than other commodity price indices such as the Dow Jones-UBS Commodity Index.
reference| Full Form | Category |
|---|---|
| Goldman Sachs Commodity Index | Business |
| Glass Service Center, Inc. | Business |
| Girl Scouts of Central Indiana | Community |
| Girl Scouts of Central Illinois | Community |
| Global Supply Chain Intelligence | General |
| Goldman Sachs Commodities Index | General |
Posted on 04 Oct 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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