Latest commodity prices: November 2024

Date: 
November 5, 2024

 

Energy prices gained 2.4% in October, led by natural gas Europe (+9.6%) and coal (+5.3%). Non-energy prices increased by 2.1%.

Food prices went up by 1.4%, raw materials changed little, while beverages eased 1%. Fertilizer prices rose by 4%.

Metal prices surged by 5%, led by gains in zinc and iron ore (each up more than 9%) and aluminum (+5.9%). Precious metals climbed by 5.1%.

 

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Source: worldbank.org