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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Britain to build Europe’s first next generation nuclear fuel facility
Renewables provided record 30% of global electricity in 2023, think tank Ember says
Oil settles lower on signs of easing supply tightness
Sri Lanka approves power deal with India's Adani Group
BP profits drop to US$2.7 billion, refinery outage offsets higher output
Aramco to pay US$31 billion dividend as Saudi posts budget deficit