HSBC Predicts High Commodity Prices in 2024, Decline Expected in 2025 HSBC forecasts that commodity prices will remain high in 2024, driven by limited supply, increased demand from China, and the global energy transition. They expect an average price rise of 2% in 2024, followed by a 4% decline in 2025. Factors contributing to the high prices include China’s growth recovery and ongoing supply challenges. Geopolitical risks and anticipated easing of monetary policy in the latter half of 2024 could further drive prices up, while a global growth slowdown poses a downside risk. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Tech Stocks Lead Market Plunge Amid Economic Uncertainty READ MORE Four Factors Fueling Gold's Continued Rally READ MORE Ancient 2,300-Year-Old Gold Ring Unearthed in Jerusalem READ MORE Gold Hits Week-High as Investors Eye Fed's Next Move READ MORE Forbes Explains CBDCs: Understanding the Rise of CBDCs READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment