#Gold, #oil and agris are top sectors for investors
I recently spoke with 15 investors in the Middle East, all of whom I asked to predict which commodities will offer the best long term investment opportunities. The three to come out on top were gold, oil and agriculture.
Gold is usually seen as a safe haven for investors given its attractive hedging capabilities against inflation. As the global economy continues to bolster uncertainty and the introduction of soft monetary policies, many predict that gold prices will remain firm. However, should the price plummets over the last week prove cause for concern?
Oil also took a hit in the last week to the price of $110.34 a barrel due to concerns about the eurozone. However, as Japan closes the door on its nuclear power programmes this will undoubtedly have a significant effect on the demand for oil. The geopolitical unrest in the Middle East will also have an affect on the price of crude.
In our survey for commodities the agri and softs sector has proved to be the most popular choice for Middle East investors when asked which commodity group has the greatest investment potential for two years running now. With more and more emphasis being put on clean fuel and energy, there has been a significant move towards biofuels which has surely impacted the food price volatility debate.
Download this years survey
Please let me know your own thoughts on these 3 sectors and what’s in store for the future?
