Fortress Commodities Offshore Fund increased 6 percent in August, Bloomberg reports. The commodity hedge fund has gained nearly 1.8 percent in the current year. Funds managed by Clive Capital and BlueGold Capital Management fell 0.2 percent and 12 percent, respectively.
The Standard & Poor’s GSCI Index, which measures movements in commodity prices, lost 1.85 percent. Gold rose 12 percent to $1,825.72 an ounce last month.
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