Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut—so large that it is likely to limit the price effects even of a wider conflict in the Middle East
		Data and Financial Journalist
		Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut—so large that it is likely to limit the price effects even of a wider conflict in the Middle East
		Central bank purchases have been key in driving up gold, often considered a haven in times of uncertainty and turmoil. Global uncertainties and the Federal Reserve slashing interest rates this year giving bullion a lift.
		The Federal Reserve lowered interest rates for the first time since 2020.
		Inflation drivers are often complex and it’s essential to understand that new presidents often inherit economies, shaped by their predecessors.