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Historical Commodity Archive • 1900-2025 Annual Observations

125 Years of Global Commodities Price History

Annual nominal and inflation-adjusted price observations, supercycles, and geopolitical economic shocks. Reconstructed from primary USGS, EIA and World Bank publications.

Archive Span 125 Yrs 1900 to 2025
Real Price Base 2026 USD BLS CPI-U Deflated
Primary Sources USGS & WB Govt & Multilateral
Commodities Covered 25 Commodities Interactive charts & tables

Core Commodity Datasets

Annual observations, nominal ranges and inflation-adjusted values

West Texas Intermediate (WTI) is the primary global benchmark for light, sweet crude oil.

Latest Annual (2025) $64.90 $/barrel
Real 2026 Peak $154.96 2008 annual value
Brent

Brent Crude is the primary pricing benchmark for two-thirds of the world's internationally traded physical crude oil supplies.

Latest Annual (2025) $69.00 $/barrel
Real 2026 Peak $165.15 2011 annual value

Natural gas delivered at the Henry Hub in Erath, Louisiana is the global pricing benchmark for North American pipeline gas and LNG export contracts.

Latest Annual (2025) $3.53 $/MMBtu
Real 2026 Peak $15.30 2005 annual value
Energy

Uranium

U3O8

Uranium provides fuel for nuclear power. This archive tracks the weighted-average price of spot-contract deliveries purchased by U.S. civilian reactor owners and operators.

Latest Annual (2025) $75.83 $/lb U3O8 equivalent
Real 2026 Peak $142.58 2007 annual value
Coal

Newcastle thermal coal (6,000 kcal/kg FOB) is the primary seaborne benchmark for power utilities across the Asia-Pacific region.

Latest Annual (2025) $108.40 $/metric ton
Real 2026 Peak $394.78 2022 annual value
Precious Metals

Gold

Au

Gold is used in reserves, investment, jewelry and industry. This archive tracks annual values published by the USGS.

Latest Annual (2025) $3,300 $/troy oz
Real 2026 Peak $3,433.63 2025 annual value
Precious Metals

Silver

Ag

Silver combines industrial applications with monetary and investment demand. This archive presents USGS annual silver unit values.

Latest Annual (2025) $38.00 $/troy oz
Real 2026 Peak $83.87 1980 annual value
Precious Metals

Platinum

Pt

Platinum is used in catalytic converters, chemical processing, jewelry and investment. This archive uses platinum-specific annual price tables published by the USGS.

Latest Annual (2025) $1,200 $/troy oz
Real 2026 Peak $2,752.2 1980 annual value
Precious Metals

Palladium

Pd

Palladium is the primary catalyst element used to neutralize toxic carbon monoxide and hydrocarbons in gasoline-powered internal combustion and hybrid vehicles.

Latest Annual (2025) $1,100 $/troy oz
Real 2026 Peak $2,994.85 1918 annual value
Industrial Metals

Copper

Cu

Copper is humanity's foundational conductor metal, indispensable for electrical grids, renewable power, electric vehicles, and AI computing data centers.

Latest Annual (2025) $4.51 $/lb
Real 2026 Peak $8.74 1916 annual value
Industrial Metals

Aluminum

Al

Aluminum is the most abundant metallic element in Earth's crust, but refining it requires immense electrical energy (14,000 kWh per metric ton), earning it the moniker 'congealed electricity'.

Latest Annual (2025) $2,632 $/metric ton
Real 2026 Peak $41,181.03 1916 annual value
Industrial Metals

Nickel

Ni

Nickel is vital for austenitic stainless steel and high-energy-density nickel-manganese-cobalt (NMC) electric vehicle batteries.

Latest Annual (2025) $15,162 $/metric ton
Real 2026 Peak $60,148.48 2007 annual value
Industrial Metals

Zinc

Zn

Over 60% of global zinc production is consumed in galvanizing steel to prevent corrosion in bridges, automobiles, wind turbines, and buildings.

Latest Annual (2025) $2,868 $/metric ton
Real 2026 Peak $10,381.06 1915 annual value
Industrial Metals

Iron Ore (62% Fe)

Fe

Iron ore is the essential raw feedstock for blast furnace steelmaking.

Latest Annual (2025) $100.20 $/dry metric ton
Real 2026 Peak $249.89 2011 annual value
Industrial Metals

Tin

Sn

Tin is the indispensable metallurgical glue of the digital age.

Latest Annual (2025) $34,059 $/metric ton
Real 2026 Peak $71,273.22 1979 annual value
Industrial Metals

Lithium Carbonate

Li2CO3

Lithium carbonate is used in ceramics, glass and battery materials. This archive uses the USGS carbonate proxy and import unit-value history, rather than a battery-grade spot benchmark.

Latest Annual (2021) $6,200 $/metric ton
Real 2026 Peak $18,446.53 1960 annual value
Industrial Metals

Cobalt

Co

Cobalt is used in rechargeable batteries, superalloys and industrial materials. This chart measures USGS annual import unit values per metric ton of cobalt content.

Latest Annual (2021) $44,800 $/metric ton
Real 2026 Peak $245,928.84 1979 annual value
Agriculture & Grains

Wheat (U.S. SRW)

Wheat

Chicago Board of Trade (CBOT) Soft Red Winter Wheat is the preeminent global benchmark for wheat.

Latest Annual (2025) $5.98 $/bushel
Real 2026 Peak $19.63 1979 annual value
Agriculture & Grains

Corn

Corn

Corn (Maize) is the largest grain crop grown in the United States by volume and economic value.

Latest Annual (2025) $5.16 $/bushel
Real 2026 Peak $22.64 1974 annual value
Agriculture & Grains

Soybeans

Soy

Soybeans are the world's most heavily traded agricultural commodity.

Latest Annual (2025) $11.27 $/bushel
Real 2026 Peak $59.55 1973 annual value
Agriculture & Softs

Coffee (Arabica)

Coffee

This chart tracks annual Arabica coffee prices from the World Bank Pink Sheet.

Latest Annual (2025) $3.84 $/lb
Real 2026 Peak $12.96 1977 annual value
Agriculture & Softs

Cocoa

Cocoa

Cocoa beans are the primary raw ingredient for chocolate and cocoa butter.

Latest Annual (2025) $7,800 $/metric ton
Real 2026 Peak $20,950.07 1977 annual value
Agriculture & Softs

Cotton (A Index)

Cotton

Cotton No.

Latest Annual (2025) $0.78 $/lb
Real 2026 Peak $4.76 1973 annual value
Agriculture & Softs

Sugar (No. 11)

Sugar

World Sugar No.

Latest Annual (2025) $0.17 $/lb
Real 2026 Peak $2.00 1974 annual value
Forestry & Building Materials

Sawnwood (Malaysia)

Lumber

Sawnwood is timber cut into usable boards. This archive tracks the World Bank Malaysian sawnwood benchmark in dollars per cubic meter, rather than U.S. framing-lumber futures.

Latest Annual (2025) $718.40 $/cubic meter
Real 2026 Peak $1,855.73 1994 annual value

Historical Market Shocks & Crises

In-depth retrospectives of geopolitical disruptions, exchange failures, and market corners

All Historical Shocks →
1973–1980 (Peak: January 18, 1980; Crash: March 27, 1980) -78% from January peak to March crisis

1980 Silver Thursday & The Hunt Brothers Corner

Billionaire brothers Nelson Bunker and William Herbert Hunt accumulated over 200 million ounces of physical silver and leveraged futures contracts to hedge against US dollar debasement. When COMEX and CBOT enacted emergency liquidation-only rules and raised margin requirements, the brothers suffered a $100M margin call on March 27, 1980, requiring a $1.1B consortium bailout to protect Wall Street brokerages.

October 1973 – March 1974 Roughly fourfold price increase

1973 OPEC First Oil Shock & The Yom Kippur Embargo

Following the outbreak of the Fourth Arab-Israeli (Yom Kippur) War, OAPEC declared an oil embargo against Western nations supporting Israel. Global crude prices quadrupled within months, causing fuel rationing, the 1973–1974 stock market crash, and the birth of modern energy policy.

Macro Valuation Ratios

Relative prices from matching annual observations

All Valuation Ratios →

The ratio expresses how many troy ounces of silver have the same value as one troy ounce of gold, using annual USGS observations. Calculated from the displayed nominal series for years available in both datasets. Missing years and nonpositive denominator prices are excluded. The mean gives each matched year equal weight.

Historical Mean 50.8
Highest Annual Ratio 96.5 (1940)

The ratio expresses how many barrels of WTI have the same value as one troy ounce of gold, using the displayed gold and oil observations. Calculated from the displayed nominal series for years available in both datasets. Missing years and nonpositive denominator prices are excluded. The mean gives each matched year equal weight.

Historical Mean 18.8
Highest Annual Ratio 50.8 (2025)

Commodity Price Data for Research and Reporting

Historical commodity prices with charts, inflation adjustments and source references. Free to browse for reporting, research and analysis.