Goldman Sachs Commodity Index - GSCI
What Does Goldman Sachs Commodity Index - GSCI Mean?
A composite index of commodity sector returns which represents a broadly diversified, unleveraged, long-only position in commodity futures.
Investopedia explains Goldman Sachs Commodity Index - GSCI
Similar to the Standard & Poor's 500 index, the Goldman Sachs Commodity Index (GSCI) provides a reliable and publicly accessible investment performance benchmark. The index's components qualify for inclusion in the index based on liquidity measures and are weighted in relation to their global production levels - a characteristic which helps make the GSCI valuable as both an economic indicator and a commodities market benchmark.