The latest trends in commodities: Cocoa, OJ and gold all testing all-time highs


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: A worker collects oranges harvested at a farm in northeast of Cairo, Egypt on Dec, 23, 2020.MOHAMED ABD EL GHANY/Reuters Over the past 12 months, uranium, cocoa, orange juice and gold have all neared 10-year highs – or, in some cases, set new ones. Let’s take a look at what’s driving prices of these commodities. First, have you noticed your holiday chocolates are more expensive? The price of cocoa is approaching US$4,100 a tonne and is at a record high. According to Statista, 70 per cent of the world’s cocoa beans come from four West...