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Commodity Roundup: Cocoa costs hit contemporary highs; UBS retains bullish view on gold

Commodity Roundup: Cocoa costs hit contemporary highs; UBS retains bullish view on gold
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Dec. 18, 2024 6:00 AM ETCocoa Futures (CC1:COM), GLD, XAUUSD:CURIAU, SLV, SIL, MDLZ, HSY, GDX, JJCTF, LDSVF, SGOL, SIVR, GDXJ, PHYS, COPX, BYCBF, NSRGY, PSLV, NUGT, CPER, RING, OUNZ, SILJ, BAR, GLDM, AAAUBy: Arundhati Sarkar, SA Information Editor

ampueroleonardo/E+ through Getty Photographs

Cocoa futures (CC1:COM) have climbed to contemporary highs, buying and selling at $12,091.54 per tonne on Wednesday, pushed by climate and provide issues.

The benchmark contract, which hit an all-time intraday excessive of $11,925 lately, is up practically 190% year-to-date.

It comes amid



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Tags: bullishCocoaCommodityFreshGoldhighsHitPRICESretainsroundupUBSview
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