Silver the Best Performing Commodity of the Decade

By International Business Times,  September 15, 2012, 03:27:02 AM EDT

Silver was the best performing commodity in the past decade with a price rise of 572 percent between 2002 and 2012, says a report from the Lloyds TSB Private Banking Commodities Monitor.  

The banking group said the general perception of silver as a safe investment along with a high demand for it in the industrial sector has led to the high prices of the metal.  

Gold prices saw the second highest increase, rising 428 percent during the period while tin, copper and lead jumped 414, 406 and 344 percent respectively.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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