According to Goldman Sachs, strengthening dollar will not weaken its optimism in regards to commodities, which is supported by possibilities of physical deficit, Bloomberg reports.

Dollar growth is observed due to US economy development at higher-than-expected pace. And this is a good sign for global economy, experts in Goldman think.

US dollar lost more than 1% this week. But it happened after months of strong growth. Investors assume that dollar will continue its rise compared with currencies with higher risk.

Strengthening dollar made commodities denominated in dollars more expensive for buyers holding other currencies. As a result, they preferred using inventories instead of importing materials. But stocks are limited, and physical deficit can be already observed.

According to Goldman, oil has a good perspective. Oil prices will be supported by increasing demand in the US as well as by supply restrictions. Forecast of short-term price from the bank is $80 per barrel of Brent oil.

Bank, however, reduced its 12-month forecast for gold price from $1450 to $1325 per ounce.