FX.co ★ Australia Commodity Prices Rise 16.9% in June

The Reserve Bank of Australia’s Index of Commodity Prices rose 16.9% year-on-year in June 2026, easing from an upwardly revised 18.4% increase in May. The annual gain was largely driven by robust price growth in gold, coking coal, and rural commodities, which more than offset declines in liquefied natural gas (LNG) and alumina. On a monthly basis, the index fell 2.2% in June, following a downwardly revised 1.1% rise in the previous month, as lower prices for non-rural commodities and base metals outweighed further gains in rural commodity prices.