Commodity prices have sharply declined in global markets, particularly in light of expected decisions in the United States following the election of President Donald Trump.
On Friday, the price of nickel dropped to $15,555 per tonne, its lowest level since September 2020.
Gold prices are also continuing their decline this week, with bullion losing over 6% of its value, moving further away from the record high of $2,790.10 per ounce reached at the end of October. As of Friday, gold was trading at $2,568.73 per ounce, a decrease from $2,684.77 just a week earlier.
Prices for gold, as well as silver, palladium, and platinum, all fell to levels not seen since mid-September on Thursday.
The precious metals are under pressure due to concerns about increased tariffs under the Trump administration, which could affect imports into the United States.
Conversely, cocoa prices surged nearly 23% this week, driven by the postponement of European regulations concerning the import of agricultural products from deforested areas, alongside challenges faced in harvesting and delivery in West Africa.
On Friday in London, the price for cocoa scheduled for delivery in March rose to £6,900, up from £5,616 the previous week.
In New York, the same contract traded at $8,630 per tonne, compared to $6,987 at market close last Friday.
