Chart 12: Some non-energy commodity prices have increased since the beginning of 2025 https://www.bankofcanada.ca/?p=252550 Lumber (left scale) Lumber (left scale) Agriculture (left scale) Agriculture (left scale) Base metals (left scale) Base metals (left scale) Gold (right scale) Gold (right scale) 100.0100.0100.0100.0 101.0100.3100.199.9 100.499.298.498.7 101.598.998.098.6 101.398.597.399.4 101.398.597.297.9 100.497.997.398.4 98.898.197.298.0 96.897.897.598.1 97.197.596.899.4 97.198.396.499.4 102.097.496.498.5 100.696.995.997.2 100.797.395.797.3 100.897.795.798.1 101.599.495.497.7 104.499.996.297.8 104.0100.297.897.9 105.6100.897.797.8 106.1100.598.197.6 106.599.897.997.8 104.8101.998.198.8 103.3101.298.299.3 102.2101.997.998.9 102.5100.497.898.3 101.8100.197.097.6 102.0100.296.898.2 101.999.897.098.7 101.399.997.298.1 101.798.896.497.8 101.799.596.597.4 101.799.497.196.5 102.999.597.096.0 102.298.197.396.9 103.898.597.596.6 103.898.697.497.5 102.499.996.798.1 103.1100.398.398.0 103.999.398.197.8 103.998.797.798.0 104.399.897.298.0 103.999.997.498.4 103.7100.497.098.2 104.0100.397.999.0 104.899.897.799.1 105.8100.698.1101.4 105.7102.098.2103.2 105.7101.998.1103.6 105.9102.198.9104.1 106.1102.498.9105.0 106.4102.898.8105.4 105.8103.299.2104.5 104.1102.899.8104.8 102.1102.999.3104.5 103.0101.7100.0104.6 111.7102.4100.0104.3 111.7102.899.3104.2 112.0103.999.5104.3 112.1103.3100.3104.9 112.1103.199.5105.0 112.1103.499.7105.2 110.4103.999.6105.4 107.7103.598.7106.0 107.6103.399.4107.0 107.6103.499.4107.0 109.4103.499.7108.6 107.5102.6101.2109.5 107.0103.1101.4110.2 106.5103.4103.4110.9 105.1104.1103.3111.1 103.7103.4104.1112.2 102.2104.3104.0113.9 101.7104.1105.1112.8 100.2102.3103.9113.4 99.2103.8104.9116.1 98.3102.5106.1112.8 97.0101.1105.8114.5 95.8101.0107.2115.6 95.4100.6108.1115.2 93.3101.6109.7115.0 94.7102.3109.9112.9 93.7104.5108.2112.6 91.9104.8108.5112.2 94.7105.2108.7112.1 94.8105.4108.7113.3 92.8105.3108.4112.8 91.9104.0108.5111.5 90.5103.9108.1111.3 91.4104.5107.0110.6 92.2105.0107.5110.9 92.4105.7107.5112.6 91.6105.8107.7112.1 92.0104.6106.9111.6 91.2104.7107.0112.4 90.2105.6107.9114.7 88.9105.3108.1113.3 88.5104.7107.7113.8 91.3104.9108.9114.0 97.2104.2109.4114.9 97.1104.3110.6116.1 96.8105.0112.2117.0 98.8105.0113.3117.3 99.1105.5111.8116.4 98.5106.0109.9114.0 97.3106.1110.7113.2 97.3106.3110.7113.2 97.3106.0111.8113.6 97.1105.6112.5113.3 95.3104.8111.2113.5 93.4104.8111.3113.6 90.5104.1109.9113.0 90.0104.6109.0112.4 90.9103.7108.0113.1 93.1104.5108.4114.1 94.2103.4107.9111.7 93.9103.1106.5111.4 91.2104.5105.5112.0 91.6104.2105.7112.5 89.1103.9106.1111.7 91.9102.5105.3112.7 93.1102.8104.0112.1 92.5103.0104.0112.4 92.5103.1104.8112.4 87.4102.3105.1113.7 83.5102.0104.7112.9 84.5102.4104.6112.6 84.8100.6104.4112.4 85.4101.3104.2111.2 85.7101.8104.4112.3 82.9100.2105.1112.7 81.5100.5105.8112.6 83.0103.4105.7112.7 83.8103.6105.8114.1 83.8103.6106.0114.1 82.6103.9106.3114.1 81.6102.9106.0114.9 80.7104.4105.6114.5 80.6103.5104.7115.3 81.9101.0104.6116.5 80.599.6104.4116.3 77.098.7104.0117.0 85.999.4103.4118.1 88.3100.5103.0119.9 91.0101.5102.0119.1 92.3100.7101.3116.2 91.2102.5100.1115.7 90.3103.499.9116.2 90.9103.099.8117.1 92.9102.498.6114.3 94.6101.699.1115.3 90.7100.998.5115.6 92.2100.597.6115.5 92.4100.7100.0117.3 92.1100.899.1118.7 92.9101.399.1119.4 93.1101.197.1115.7 94.897.898.2115.8 94.498.698.2116.0 92.598.698.1116.6 96.898.499.5117.3 96.598.299.5118.5 95.699.199.3119.5 96.799.6100.2118.8 97.497.7100.6118.3 97.698.0100.1120.2 97.298.7102.0120.6 94.096.9103.4122.3 94.397.1103.5120.8 96.696.6103.6120.0 93.196.2104.1121.4 91.196.4104.1121.6 90.895.8105.1121.3 91.195.7104.1121.1 91.497.9103.5121.7 90.797.3104.1121.5 90.797.8100.6121.5 89.598.399.9119.9 88.798.499.5120.3 91.899.099.4121.3 89.896.799.7121.1 88.598.198.7120.8 88.996.798.6121.2 90.296.799.4121.2 89.696.6100.3123.1 88.396.2100.3124.5 93.796.7102.4124.9 95.197.3102.5124.5 94.898.3102.8124.2 93.598.0103.2124.5 94.098.1102.5126.0 97.298.2102.1127.1 98.497.7104.1127.4 96.898.6103.7128.7 96.698.3105.0128.8 98.398.6105.9128.7 95.999.0106.0127.1 96.099.8106.8129.0 97.7100.5107.4128.6 97.5100.3107.4128.0 96.5100.0107.4128.1 97.2100.1107.7127.7 96.3101.9105.6127.6 97.9101.6104.7126.2 96.8101.3104.9127.1 96.6101.1106.9128.0 97.1100.6105.3128.3 97.499.2104.3128.1 96.199.6105.0129.3 96.4100.2103.9130.0 97.1100.1104.6131.1 96.8100.0105.3132.3 96.399.9105.2132.3 96.6100.0104.9132.3 97.499.9105.4132.1 97.899.6104.6132.0 98.598.5104.6132.5 99.9100.0104.8133.9 101.899.4104.7134.3 101.1100.2104.6132.2 102.7100.0105.0132.7 104.099.9104.5132.6 103.199.2105.3132.6 105.598.5103.4128.6 104.099.3105.8130.1 102.899.7104.7130.1 104.599.2103.7126.9 105.7101.8102.7126.0 107.6101.1102.3125.6 108.6100.0101.5124.1 104.9100.4104.3124.3 111.9101.0102.6126.0 113.2100.1103.3126.8 112.299.7104.7127.6 110.098.9103.5128.8 108.799.0103.1130.3 107.998.3103.9127.4 108.9100.4103.6126.8 108.399.4103.2127.7 108.399.6103.0127.7 108.499.6103.1127.7 109.7100.5102.9127.7 109.5101.7103.4127.6 108.6101.5103.6128.0 106.3101.6104.2127.6 104.6101.8103.3127.5 104.4101.1103.4129.2 103.9101.0103.2130.0 102.8100.4103.3130.8 101.2100.4103.5129.8 99.499.2103.4128.5 97.799.7102.8128.3 99.4100.3101.7127.4 102.8100.5101.6127.4 104.0100.8100.9125.3 104.7101.3101.1126.5 106.0101.3101.7126.4 105.5101.6102.3126.4 105.5101.6102.3126.4 104.8101.5102.3126.4 103.7101.3101.7126.4 102.0100.9102.1126.4 101.3101.2101.5126.4 101.3101.2101.4126.4 99.4102.3101.5127.9 99.8101.2100.4127.9 101.3101.3101.2127.3 102.9102.2101.3128.1 103.4102.1101.0128.6 104.0102.0101.7129.3 101.9102.3102.8129.9 100.3103.0103.1129.0 101.3105.1103.0128.9 104.1105.4103.1129.4 110.4103.7104.4131.3 109.5104.3105.0131.3 109.5104.6104.9130.9 107.5105.6104.5132.3 105.5105.3104.0133.0 104.8106.1103.7132.7 104.0105.7104.6134.2 103.0104.9103.9132.6 105.3106.1102.6133.0 105.9107.8102.9133.2 105.2106.9103.5134.7 108.9106.9103.0135.9 109.7106.3102.7136.6 104.6106.4103.7137.5 105.5105.9103.7138.8 107.8106.2104.7137.2 108.9106.3105.0139.0 108.3106.4104.8140.4 107.2104.5104.7140.0 111.4104.9104.5139.8 111.9105.0104.6140.9 112.2105.8106.2141.2 112.2105.8105.0141.2 114.0105.3105.0141.5 113.2105.1106.0142.0 113.9105.0106.5141.7 114.5104.6106.1141.8 115.2103.7105.7141.7 117.8107.5105.5141.8 115.1107.3105.8140.2 116.0105.9105.5139.3 116.8105.3105.0137.0 120.9105.6104.7139.3 121.9103.4105.1140.5 120.2104.7105.6140.8 116.3104.9106.9141.3 118.1105.0106.8141.7 119.4104.7107.1140.7 119.2105.9107.4141.0 120.0104.5108.0141.4 117.4104.3107.0143.8 118.9104.1107.6144.0 122.2106.1107.5144.9 121.2105.5107.0146.3 120.2105.8107.4146.4 123.3104.6107.1146.9 124.4104.3106.4145.7 126.2104.1106.5145.4 126.1107.1105.9146.2 124.0106.7105.8145.7 124.8107.0105.0147.8 125.1107.3105.1148.5 122.9108.0103.9150.6 123.1108.1104.6151.5 121.8107.4104.2150.8 111.5107.7102.9150.7 108.8106.399.9147.7 105.3108.499.3145.7 105.4106.699.3145.8 112.9107.897.2148.7 106.0107.199.7151.9 105.4108.3100.8156.2 106.3108.0100.8154.9 105.6110.5100.4155.6 105.5111.4100.3160.6 105.4111.5100.3159.8 105.4111.6100.3159.8 104.0111.1100.3165.4 104.5111.0101.2166.0 104.8111.5101.9157.7 105.9112.2102.4160.2 105.2113.4102.3158.4 104.7113.0102.0159.3 103.8113.4102.7159.8 102.5113.7101.7159.6 101.7114.2101.1155.4 101.2115.1102.1157.1 99.7114.0102.1160.3 99.1113.7102.4163.9 99.5114.1101.7164.0 102.3113.1101.6162.1 100.1113.5102.4160.7 101.2113.4103.7156.4 101.8114.3103.6156.0 102.2113.9105.0154.3 110.4113.8103.8154.3 110.9114.5103.6153.9 111.3114.4103.2156.1 110.2113.8103.3157.7 109.7113.9103.4159.5 109.8114.0102.9158.7 110.3113.7103.0161.6 110.3113.7103.0161.6 109.4113.9103.7159.4 107.6113.6103.7159.6 107.7114.2103.5160.1 108.9114.3103.1158.4 110.3112.9103.1162.9 109.5113.9103.0161.2 109.0113.9103.6162.6 111.5113.7103.9163.1 111.1114.4103.1161.5 111.1114.5103.8160.5 110.9115.1103.8161.3 112.7115.6104.1161.0 113.9115.3104.1163.9 115.3115.9103.4166.1 115.4115.9104.0164.2 114.9115.0104.4163.8 113.7115.6104.6163.9 113.7115.7104.1162.9 113.3115.5104.5162.8 112.6114.7105.7163.4 112.1113.2105.2159.6 113.8112.9104.7160.4 113.8113.9105.8160.4 115.5113.9105.8158.2 115.6113.6106.0158.9 114.1114.4106.3161.9 113.2116.1106.4161.2 112.3115.8106.7161.1 112.3115.8106.0161.1 112.1114.2105.4160.3 111.7115.1105.8160.2 113.5114.3105.0159.5 112.5115.0105.9160.1 110.6113.9105.3162.0 106.9113.9105.0162.0 106.5115.6105.1161.7 120.6114.3104.6160.7 121.6115.8104.5160.4 122.9115.4105.3162.2 122.9114.5106.7163.7 123.7116.5106.7164.8 122.5116.1106.9165.0 122.5115.8106.9162.7 124.0115.6106.9161.6 125.2114.2106.3159.8 125.9114.5105.7160.3 127.2115.1105.7159.7 127.3115.0104.9159.5 128.0113.7104.4161.8 127.2113.4105.3163.4 125.9112.2105.0163.2 123.3112.7105.5163.0 120.2113.1106.1163.6 120.1113.4105.8164.1 117.1113.1105.7162.2 114.4113.8105.9161.6 111.6114.2106.6162.6 112.7113.7105.9161.6 112.1113.5105.7161.2 110.0113.8105.5161.1 109.6113.8105.3161.2 109.7114.1105.0161.7 112.4113.3105.1161.4 110.9115.3105.5161.2 109.8115.2105.5161.2 105.8116.6106.1162.8 103.0115.5106.1163.2 103.4115.0106.2164.7 100.9115.1106.6165.8 100.9114.4106.6168.0 97.5114.0106.5168.7 96.4112.3106.7171.9 99.5113.1106.4171.4 98.4110.9106.7173.8 96.9113.2106.5175.6 97.3111.2106.5176.4 97.5111.7106.6176.5 95.9113.2107.2175.5 100.3112.5108.4176.5 104.9112.7108.3176.8 105.3111.3109.1178.6 104.3111.1107.8177.9 105.5110.3107.9176.1 104.5110.0107.9177.1 104.7109.3107.5179.8 106.6112.6107.2182.9 107.9112.0106.8181.8 107.4112.3108.4180.3 109.3111.7107.5182.2 109.4111.8108.3185.0 112.8111.2108.3184.9 112.1109.4108.0187.2 112.9110.8108.8187.5 113.2109.0109.1187.8 113.2109.8109.3190.9 110.9110.3109.5192.3 110.7110.3110.2195.3 112.2110.1111.1194.3 112.3109.4110.9192.1 113.2109.3110.1198.0 113.9112.5109.4199.5 115.3112.8110.0203.3 115.5112.2109.9206.0 116.7112.7110.1204.2 112.2112.8110.0207.6 112.8111.5110.2201.6 110.3111.0110.7196.7 107.5111.7111.6200.3 108.5112.1111.8198.4 106.0112.4112.6191.9 104.2107.8112.0190.9 101.3107.8112.9193.7 99.9106.8111.6193.1 99.2106.5112.4193.9 100.3106.7113.1194.6 100.1109.6111.8191.0 98.8110.2111.5191.8 99.0109.8112.2192.7 98.2109.6111.8193.1 97.2110.2112.4197.7 93.3110.0111.9199.3 93.7110.4112.2200.0 94.7110.0112.7202.8 93.5109.8111.8196.8 100.4110.1111.1196.9 101.7111.5109.9196.3 98.5111.0110.7199.5 99.0110.5110.6197.7 99.1109.4110.1196.9 99.2109.4110.6197.3 100.1106.7111.1199.5 101.2107.3111.8200.1 101.2107.3111.4200.8 100.1107.4112.0202.6 98.8105.8112.6204.9 98.4110.0112.6203.7 97.7108.8112.7203.5 98.7107.8112.9203.1 99.3107.8113.3205.1 100.6107.3113.4202.5 101.2111.8112.7202.9 101.5111.3112.8203.0 102.4111.7113.2204.5 102.7111.3113.1210.1 102.8111.3112.7208.6 103.7110.8112.3209.0 104.0110.8112.8209.9 102.5110.5112.9209.5 102.5111.3114.0209.7 100.2112.1114.5213.7 100.3111.4115.5215.1 101.3111.7116.0215.1 101.3111.7116.0215.1 101.6111.5116.0215.1 99.5110.8116.2209.7 99.4110.5117.5211.1 99.1110.4117.9211.1 99.1110.4118.3211.1 98.1110.8118.9210.4 97.8111.4120.0215.4 97.9113.5122.6217.1 97.1113.7122.9214.5 97.4113.1121.0214.1 98.3113.4123.4217.2 99.5112.0124.1223.0 101.2113.2124.0223.5 102.7113.9124.8222.7 101.6113.4123.8222.9 112.1113.6122.8222.9 112.1113.9123.4225.6 113.1114.2122.8229.5 112.6115.1122.3235.2 110.4115.4121.4233.6 109.5115.9123.9239.1 110.2115.0124.5246.1 109.7115.4123.6244.8 109.9116.5124.9256.5 110.4117.1127.8261.3 109.3116.8122.9240.8 109.8115.8120.4227.9 109.3115.6122.3237.9 108.3115.3121.5241.0 107.9114.9119.8234.3 107.7115.8120.3239.2 109.9114.4121.4243.6 110.5117.7121.1243.2 109.2117.0122.8245.5 109.7117.3122.6243.8 110.1117.0119.4241.5 110.1117.0120.1240.4 109.2117.2119.3235.0 107.2117.6119.8241.9 104.5118.0119.8241.9 106.3118.3120.6244.3 105.0117.8121.2251.0 104.0119.0121.8247.5 102.3119.5122.7251.0 102.5119.5122.7249.8 102.7120.0123.8252.4 102.1120.1124.2256.9 101.9119.5123.7243.3 102.6119.8125.9248.9 104.2120.8124.3246.7 103.2121.9125.5247.9 103.1122.0125.8245.9 103.6120.1126.1251.8 103.0121.0126.7250.5 104.7120.4127.8248.0 105.5121.2127.4243.9 110.9119.0126.1241.5 112.2120.5125.8242.5 112.7121.0125.0235.4 112.1120.4120.2222.4 112.1121.2122.9220.6 109.7120.7121.6215.9 107.7121.3121.4213.4 109.9121.4123.0220.7 109.7121.5123.3215.4 109.7121.1122.6217.7 111.3121.1125.4218.9 112.0121.5126.7222.8 111.5120.9127.1229.1 109.8120.9125.7224.3 109.8120.9125.7224.3 107.5120.9125.7224.3 106.3118.9127.1222.9 108.4118.3126.9231.7 106.9118.2126.2230.2 105.9118.0127.1230.8 105.9118.1129.6228.3 106.5120.5129.8231.8 106.9120.4129.6233.2 107.3121.1131.0231.7 107.0121.1130.9235.4 107.7121.7129.7232.7 106.1121.6130.2230.9 107.4121.7130.8229.2 107.4121.5130.8228.1