Commodity Index Heads for Biggest Weekly Jump in 33 Years

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Commodity Index Heads for Biggest Weekly Jump in 33 Years

posted on Aug 21, 2008 08:49AM

CRB Commodity Index Heads for Biggest Weekly Jump in 33 Years

By Millie Munshi

Aug. 21 (Bloomberg) -- The Reuters/Jefferies CRB Index of 19 commodities soared, heading for the biggest weekly gain in 33 years, as rising energy costs and a weakening dollar revived demand for raw materials as alternative investments.

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