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Coal creeps higher and scores surprise 'best of breed' ranking

Gold’s rise above US$2,000 an ounce is the big news in mining and financial markets, but ticking away in the background are indications of a less-loved commodity staging a recovery with coal scoring a rare “best of breed” rating in a new research report.

Coal creeps higher and scores surprise 'best of breed' ranking Coal creeps higher and scores surprise 'best of breed' ranking Coal creeps higher and scores surprise 'best of breed' ranking Coal creeps higher and scores surprise 'best of breed' ranking Coal creeps higher and scores surprise 'best of breed' ranking

Macquarie Bank this week put coal at the top of its list of most-preferred commodities for the next six months, pipping steel and precious metals which were in second and third place, respectively.