| Base Metals | |||
| Ranking 2003 | Ranking 2002 | Total score | |
| 1 | 1= | Goldman Sachs | 20 |
| 2 | 3= | Morgan Stanley | 13 |
| 3 | — | Barclays Capital | 10 |
| 4 | — | Société Générale | 8 |
| 5 | — | Standard Bank | 7 |
| 6= | 5 | Deutsche Bank | 6 |
| 6= | 3= | JP Morgan Chase | 6 |
| Precious Metals | |||
| Ranking 2003 | Ranking 2002 | Total score | |
| 1 | — | Goldman Sachs | 11 |
| 2= | — | JP Morgan Chase | 7 |
| 2= | — | Morgan Stanley | 7 |
| 2= | 2 | UBS | 7 |
| 5= | — | Barclays Capital | 6 |
| 5= | 3 | Deutsche Bank | 6 |
| 5= | — | Standard Bank | 6 |
| Energy | |||
| Ranking 2003 | Ranking 2002 | Total score | |
| 1 | 1 | Goldman Sachs | 59 |
| 2 | 2= | Morgan Stanley | 30 |
| 3 | 2= | Bank of America | 21 |
| 4 | — | Citigroup | 16 |
| 5 | — | Barclays Capital | 13 |
| 6 | 4 | Deutsche Bank | 11 |
| 7 | — | Société Générale | 10 |
| 8 | — | JP Morgan Chase | 5 |
