Ghana: Prices of Ghana’s major export commodities to surge this year – Data Bank research

 Data Bank says it expects the prices of Ghana’s major export commodities, Gold and cocoa, to show a strong performance this year.

A research conducted by the Bank said the projected strong performance would be driven by geopolitical tensions, potential US Fed interest rate cuts, and supply shortfalls.

According to the research, gold prices might reach US$2,600-US$3,100, while cocoa prices could rise between US$7,000 and US$9,600.

“We expect gold prices to trade…