Goldman still a raging bull on commodities

Singapore

GOLDMAN Sachs Group Inc is standing by its very bullish call on commodities, saying that the recent global markets selloff only bolsters its view that raw materials are set to perform well in the months ahead.

"Commodities proved to work just as advertised" during the equity-led declines, Jeffrey Currie, the bank's head of commodities research, said in an interview on Bloomberg Television from Hong Kong on Wednesday.