The resource sector continues to suffer from surplus market conditions
in most major commodities. We are encouraged by improving fundamentals
with some key commodities such as gold, oil, and natural gas.
The gold industry is among few commodity sectors where production is
falling, with mine production decreasing in 2015 for the first time
since 2008. Despite a couple of false starts in 2015, gold has exhibited
the lowest volatility and held its value more than any other major
commodity. (more)
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