The World Bank’s Jan 5, 2021 report (Pink Sheet) states the world’s commodity prices are rising in certain sections.  It states on it’s website that Non Energy is up 4.7%, Metals and Mining is up 10.4%; base metals up 7.2% and grains are up 3.8%.  It interestingly states precious metals are up the least.

Prices globally ending December 2020 are as follows:

Aluminum $2015 ($/mt) Dollar per metric ton

Copper $7772 $metric ton

Iron Ore $115.4 $metric ton

Lead $2020 $metric ton

Nickel $16,823 $metric ton

Tin $19,732 $metric ton

Zinc $2,780 $metric ton

Gold $1858 per troy ounce

Platinum $1028 per troy ounce

Silver $25.00 per troy ounce

Wheat US $251.20 $metric ton

Crude Oil Average $48.7 $ per barrel

This again shows why the mining metals companies are good investments now!