World Bank tips metal prices to shine, but precious metals to decline

Tokyo

METAL prices are expected to rise quite robustly in 2017 while oil prices also will retain a firm trend, the World Bank said in the latest issue of a regular report published on Tuesday. Precious metal prices, however, are set to decline, the report said.

The report - Commodity Markets Outlook - which has implications for share prices as well as those of physical commodities - meanwhile forecast modest increases in the prices of agricultural commodities in 2017.