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The S&P GSCI (formerly the Goldman Sachs Commodity Index) serves as a benchmark for investment in the commodity markets and as a measure of commodity performance over time. It is a tradable index that is readily available to market participants of the Chicago Mercantile Exchange. The index was originally developed in 1991, by Goldman Sachs.
A later practically investable commodity futures index was the Goldman Sachs Commodity Index, created in 1991 and known as the "GSCI". [2] The next was the Dow Jones AIG Commodity Index. It differed from the GSCI primarily in the weights allocated to each commodity.
In 2007, S&P bought 3 commodity indices from Goldman Sachs, this would become the S&P GSCI index, as part of this S&P decided to discontinue its own Standard & Poor's Commodity Index, which it did in 2008. [1]
Goldman expects commodities to surge around 17% over the coming months. We have highlighted five ETFs which we think could be well positioned if Goldman prediction comes true.
The Goldman roll is the monthly sale and purchase of commodities for the Goldman Sachs Commodity Index (S&P-GSCI). While a stock market index is a purely mathematical construct, a commodity index requires entering a long position or ownership of a physical product through a futures exchange. These contracts must be released and renewed ...
The benchmark S&P 500 plunged 1.7%, testing a fresh 2022 low. ... Goldman Sachs has slashed its year-end 2022 target for the S&P 500 index by about 16% to 3,600 from 4,300.
Wall Street's average 2025 year-end price target for the S&P 500 this year is 6,539, which implies a potential gain of about 11% from the index's current levels. ... for 2025 from Goldman Sachs ...
Leah McGrath Goodman, a reporter with experience covering commodities markets, described an experience writing about the Goldman Sachs Commodities Index in her book "The Asylum". Around 2007, she wrote an article for the Futures Industry Association trade magazine about the indexes.