Starting after today’s market close, the Bloomberg Commodity Index (BCOM) will undergo its annual one-week rebalancing (January 9–15, 2026). According to the 2026 target weighting table published by Bloomberg, the following major changes are expected compared to 2025: The weighting of the precious metals sector will rise slightly to 18.84%, with gold increasing from 14.29% to 14.90%, while silver’s weighting was reduced from 4.49% to 3.94%; the industrial metals sector edged up to 15.76%, driven primarily by an increase in copper’s weighting (from 5.37% to 6.36%). The energy sector’s weighting declined slightly to 29.44%, with natural gas (down from 7.78% to 7.20%) and WTI crude oil (down from 6.97% to 6.64%) seeing their weights decrease, while Brent crude oil’s weight rose to 8.36%, reaching its highest-ever target weight and becoming the largest weight within the energy sector. This marks the largest weighting gap between Brent crude and WTI crude since Brent’s inclusion in the BCOM, while WTI crude’s weighting is at a historic low. The soft commodities sector saw the largest increase in weighting, rising from 7.61% to 9.17%, reflecting the re-inclusion of cocoa in the BCOM Index.