FX.co ★ Australia Commodity Prices Fall 1.3% in October

In October 2025, the Reserve Bank of Australia's Index of Commodity Prices experienced a 1.3% year-on-year decrease, marking a shift from a briefly revised 0.1% rise noted in the previous month. This renewed downturn was primarily due to declines in the prices of thermal coal, coking coal, and liquefied natural gas. However, these were somewhat balanced by increased prices in gold, iron ore, and several rural commodities. On a monthly basis, the index saw a 2.3% rise, improving from a 1.9% increase in September, with substantial gains in the non-rural and base metal subindices, although the rural subindex showed a slight decline. In terms of Australian dollars, the index rose by 3.4% year-on-year in October, following a 4.4% gain the month prior.