Commodities Prices Today: Copper Hits Record, Gold Wavers, Natural Gas Surges – Global Market Wrap for 5 December 2025
On Friday, 5 December 2025, global commodity markets delivered one of the most striking cross-asset snapshots of the year: industrial metals at or near record highs, natural gas posting explosive gains, oil grinding higher but still cheap by recent standards, and many agricultural and “soft” commodities slipping as supplies improve. At the same time, major institutions such as the World Bank continue to forecast an overall downtrend in broad commodity indices in 2025–26, even as pockets like copper and gold defy the averages with outsized rallies. World Bank+1 This wrap pulls together the latest prices, forecasts, and analyst commentary published