When your son asked you, how much did commodity bull markets rise before? You hold Ethereum in your hand and watch as spot gold breaks through $5598 and spot silver breaks through $120 on January 29, 2026, with gold and silver continuing to reach new highs. Tell your son The first bull market November 2001 April 2004 London gold rose 65.2% London silver rose 102.5% Oil prices rise by 194.3% Shanghai copper rose 111.24% Lunni rose 292.1% Rubber up 162.5% Douyi rose by 100.4% The second bull market from January 2005 to February 2008 London gold rose 141.5% London silver rose 222.3% Oil prices rise by 266.7% Shanghai copper rose 239.8% Lunni rose 331.2% Rubber up 134.6% Douyi rose 114.5% Cotton 34.6% The third bull market from December 2008 to February 2011 London gold rose 159.7% London silver rose 406.5% Oil prices rise by 216.7% Shanghai copper rose by 223.2% Lunni rose by 216.3% Rubber up 388.6% Douyi rose 61.8% Cotton up 216.4% The fourth bull market from April 2020 to April 2022 London gold rose 40.4% London silver rose 143.2% Oil prices rise by 540% Shanghai copper up 110% Lunni rose by 180.9% Rubber up 77.9% Douyi rose 50.5% Cotton up 117.5% The fifth bull market from June 2025 to present London gold 50.8% London Silver 198.6% Oil cloth 10.3% Shanghai copper 46.9% Lunni 31.8% Rubber 20.7% Bean 1 12.4% Cotton 18.5% According to the previous large-scale outbreak speculation chain: 1、 Precious metals Gold, silver, platinum, palladium 2、 Industrial metals Copper, aluminum, zinc, nickel, lead 3、 Energy Crude oil, natural gas, coal lpg 4、 Chemical industry PTA、PVC、 Methanol, caustic soda, glass, rubber, asphalt, propylene, styrene, etc 5、 Agricultural products Cotton, soybean meal, rapeseed meal, corn, white sugar, apples, pigs At present, from precious metals to industrial metals, it is about to be transmitted to energy, and then to chemical and agricultural industries.