Oil, Gold, Cocoa prices are sliding: Commodities check

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Cocoa futures (CC=F) are declining sharply Tuesday morning, having its worst two-day slump since February. Cocoa prices surged in 2024 after inclement weather disrupted cocoa harvests at the beginning of the year.

Crude oil (BZ=F, CL=F) is moving lower as geopolitical tensions in the Middle East are slightly easing, while gold (GC=F) is also moving off of its high seen earlier this month.

Yahoo Finance Senior Markets Reporter Jared Blikre breaks down the latest price actions rippling across commodities.

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This post was written by Nicholas Jacobino