| Commodity prices – including major Australian exports like iron ore and coal – are expected to hit rock-bottom in the second half of 2015 before picking up in 2016, according to the World Bank's third-quarter commodity markets outlook.
A major exception is gold, which the bank has forecast will still be trading below current prices in 2025. "Most commodity prices declined in the second quarter of 2015 due to ample supplies and weak demand, especially in industrial commodities," said the World Bank report. "These trends are expected to persist for the rest of the year, with a modest recovery in 2016."..............................................Full Article: Source
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