Aug 26, 2026 9:40 PM
Updated Aug 27, 2026 9:55 PM
Four commodities entered the Roundtable 100 this week, with gold debuting highest at No. 69, and four names rotated out to make room.
The Roundtable 100 index has expanded beyond stocks to include physical commodities for the first time.
Gold, copper, silver, and crude oil made their way to the index in late August 2026, reflecting the growing popularity of commodities in the global markets.
Gold (XAU) leads the category’s debut with a ranking of No. 69, followed by copper (HG) at No. 80, silver (XAG) at No. 86, and crude oil (CL) at No. 87.
Why commodities made it to the index now
Gold entered the Roundtable 100 index as its price pushed past $4,650 per ounce in late August, reaching three-month highs after the U.S. Treasury decided to at least double the amount of its longer-dated bond buybacks.
The maximum size per operation for buybacks of 10-to-20-year and 20-to-30-year nominal coupon bonds will jump from $2 billion to at least $4 billion from September 9 through November 4, 2026. The move pressured the U.S. dollar index below 99, incentivizing the purchases of hard assets like gold.
In its commodity outlook, J.P. Morgan Global Research maintained a target pointing toward $6,000 per ounce by year-end and around $6,300/oz by the end of 2027.
Industrial metals, copper and silver, are essential components in the global electrification and AI plans.
High-grade copper futures are trading near $6.50 per pound ($14,500 per metric tonne) in late August. Building a standard 1-GW data centre campus requires up to 50,000 metric tons of copper.
Silver is trading around $68 per ounce in late August as industrial demand expanded across solar panels, chip packaging, and high-frequency electronics.
Crude oil is the lifeline of the global shipping and manufacturing costs. It is trading around $82 a barrel, surging due to the Middle East conflict.
How commodities score on the five variables
Commodities are evaluated on the same five-variable framework applied to all constituents: Safety, Leadership, Innovation, Growth, and Market Dominance. While corporate metrics don’t apply to a commodity, the scoring engine grades the asset against fundamentals.
With no CEOs or boardrooms, the commodities earn a neutral Leadership score of 50. Gold offsets the neutral score with an 85 on Safety — the strongest in the entire index — and 75 on Market Dominance.
Copper and silver earn their positions through high scores in Growth and Innovation, thanks to their irreplaceable role in the computing grid.
At the top, stability by design
Though the new commodities shuffled the index, the top spots remained unchallenged. ASML holds the No. 1 spot with an index-leading Power Score of 90 due to its monopoly on extreme UV lithography systems. Spotify ranks at No. 2, followed by ABB at No. 3, Meta at No. 4, and Nvidia at No. 5.
The sharpest evidence-driven move was spotted in healthcare, where Vertex Pharmaceuticals slipped four spots to No. 25 after its latest 10-Q filing reported year-over-year revenue growth of 12.5%, falling short of the engine's target.
The complete, latest ranking of all 100 assets is live on the Ranking tab.
How the ranking works
The Roundtable 100 is an analyst-driven ranking of 100 future-facing, U.S.-accessible assets: equities listed on Nasdaq or the NYSE, digital assets on major U.S.-accessible exchanges, and commodities. Each asset is scored 0 to 100 on five variables: Safety, Leadership, Innovation, Growth, and Market Dominance. The Power Ranking is the unweighted average of the five. Scores change only on verifiable new information such as filings, earnings, regulatory actions, and structural supply shifts, never on price action alone. Every score is defended by the analysts of Roundtable's Blue Ribbon Committee.
The Roundtable 100 is published by RTB Digital, Inc. for informational purposes only and is not investment advice, an offer, or a recommendation to buy or sell any security, commodity, or digital asset. Rankings reflect the views of Roundtable analysts as of the ranking date. Committee members may hold positions in ranked assets; conflicts are disclosed at roundtable100.com. Investing involves risk, including loss of principal.
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