Goldman "More Bullish": Crude Oil, Gold, US Futures Gain

Goldman Sachs is "more bullish" on commodities today, following the biggest drop in raw materials in two weeks, reversing their call a month ago to sell. Goldman believes that economic growth in the 2nd half will be sufficient such that key supply constraints will be reached that will undoubtedly push prices higher. The risk trade back on; crude oil, copper and zinc were up over 1% on the back of this news. Gold is up 0.34% to $1520.60, Silver up almost 2% to $35.50.