Metals gain influence on index

Dec 08, 2006 | 10:55 AM | Natalia Kassakovich

Global investment bank Lehman Brothers Inc. is recalibrating its commodity index for 2007, with metals gaining at the expense of energy and other sectors.

The index weight of metals will rise to 25.51 percent from 22.8 percent. Within the metals component of the Lehman Brothers Commodity Index, copper will take up 8.1 percent, gold 6.63 percent, aluminum 5.1 percent, zinc 2.12 percent, silver 1.97 percent and nickel 1.6 percent.....

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