News Desk
ISLAMABAD: The year 2022 proved to be full of volatility for hard commodity prices, with a global economic slump dampening the demand for most metals.
Due to the global energy crisis, the demand for coal and its prices both more than doubled.
Lithium carbonate prices continued their surge from last year, increasing eleven-fold between 2021 and the end of 2022.
Gold prices remained stable
Gold prices remained stable, with headwinds from high-interest rates and a strong dollar meeting tailwinds from rampant inflation.
The prices of coal rose 157 percent, lithium 87%, nickel 43%, titanium 27%, heating oil 21%, uranium 12%, platinum 9%, and iron ore 1%.
