10CFD’s: “Commodity prices will go up in 2020”

PRFIRE

In a Press Release issued by 10CFDs yesterday, 10CFDs’ Analysts elaborated on the relationship between dollar rates and  global commodity prices. According to 10CFDs experts, if we’ll focus on the 3rd quarter of 2019, we’ll note that almost all major commodity price indexes fell, led by the energy sector fall, which declined by more than 8%.

Agriculture goods and different metals were down 2% each, while trade tensions were weighing on commodity demand. On the other hand, precious metal prices gained nearly 12%, which is also a sign of heightened uncertainty.

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