Oil and gold will be higher for longer: Macquarie

Jessica SierNorth Asia correspondent

Oct 31, 2017 – 11.00pm

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The prices of oil and gold are likely to stay higher for longer, according to Macquarie analysts, who have looked at 100 years' worth of market data to plot the characteristics of the new commodity cycle.

Breaking up commodities into "industrial" and "metals" the analysts found that over the past century, the prices of almost all commodities have remained stationary.