This statistic represents the volatility of global metal prices between 1909 and 2011. There was a worldwide increase in metal prices of approximately nine percent between 1979 and 1989.
According to the source, volatility was calculated as the standard deviation of the commodity subindex divided by the average of the subindex over the period.
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McKinsey & Company. (November 30, 2011). World metal price volatility from 1909 to 2011 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/216523/world-metal-price-volatility/
McKinsey & Company. "World metal price volatility from 1909 to 2011." Chart. November 30, 2011. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/216523/world-metal-price-volatility/
McKinsey & Company. (2011). World metal price volatility from 1909 to 2011. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/216523/world-metal-price-volatility/
McKinsey & Company. "World Metal Price Volatility from 1909 to 2011." Statista, Statista Inc., 30 Nov 2011, https://www.statista.com/statistics/216523/world-metal-price-volatility/
McKinsey & Company, World metal price volatility from 1909 to 2011 Statista, https://www.statista.com/statistics/216523/world-metal-price-volatility/ (last visited December 23, 2024)
World metal price volatility from 1909 to 2011 [Graph], McKinsey & Company, November 30, 2011. [Online]. Available: https://www.statista.com/statistics/216523/world-metal-price-volatility/