[World Bank Predicts Commodity Prices Will Rise 23% in 2026] According to Jinse Finance, the World Bank stated on Wednesday that global commodity prices are expected to surge by 23% in 2026, driven by factors such as rising energy prices, disruptions to cargo transport during the Middle East wars, issues with Black Sea grain shipments, and high demand for safe-haven assets like gold. The report states that commodity prices are expected to decline by 7% next year, but ongoing shocks, including the potential for the most severe El Niño since 1950, could keep food commodity prices high, increasing the risk of upward inflation and potentially prompting further tightening of monetary policy.