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Commodities Prices Go Back to the 70’s

gas station

the staff of the Ridgewood blog

Ridgewood NJ, since the November election the CRB commodities index has been surging. This index of nearly 20 major commodities – from silver, to copper, to corn, to coal – hit it’s three-year high on Monday at 205. That’s a 35% commodity price spike from election day when it stood at 154. Energy prices have led the ascent. The index had been rising throughout 2020 from its collapse in March and April when the virus hit.

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