The Periodic Table of Commodities Returns chart for 2024 was published by U.S. Global Investors recently. This handy one-pager provides an overview of the returns of various commodities over the year. In 2024, the best performing commodity was Gold with a return of over 26%. This is the second year in a row that the yellow metal has had the best return. The worst performer was Lithium with a decline of 57%, again for a the second consecutive year. Crude oil had a decent with a gain of about 14%.
Gold is soaring again this year. It will be interesting to observe if it ends the year with the best return. From looking at the chart below, Lithium had the top return in 2021 and 2022 as the demand for EVs soared during that time. The return of over 442% in 2021 was indeed amazing. This also coincided with the peak returns for many of the auto-supplier stocks and not just Lithium and EV-related stocks.
Click to enlarge
Source: U.S. Global Investors
For an interactive version of the above chart, click on the link above.
Related ETFs, Stocks and ETNs:
- United States Oil Fund LP (USO)
- Albemarle Corporation (ALB)
- Sociedad Quimica y Minera de Chile (SQM)
- SPDR Gold Trust (GLD)
Disclosure: No positions
