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NEW YORK - Commodity prices in New York continued their upward trajectory on Friday, as a surge in global demand for raw materials drove prices to new highs. The overall market sentiment remains positive as investors flock to commodities as a safe haven amid economic uncertainties.Gold prices reached a six-year high, trading at $2,000 per ounce, as investors sought refuge in the precious metal amid concerns over inflation and currency devaluation. Similarly, silver prices also saw a significant increase, reaching $30 per ounce.Oil prices continued their steady climb, with Brent crude trading at $100 per barrel for the first time since 2014. The surge in oil prices was driven by strong demand from major economies like China and the United States, coupled with supply disruptions in key oil-producing regions.Meanwhile, agricultural commodities also saw significant gains, with corn and soybean prices rising due to concerns over adverse weather conditions affecting crop yields. Wheat prices also saw a sharp increase as concerns over supply shortages in key producing countries like Russia and Australia fueled demand.The overall positive sentiment in the commodities market was also reflected in the performance of industrial metals, with copper prices hitting a nine-year high on robust demand from the manufacturing sector. Aluminum and nickel prices also saw significant gains as strong demand from the automotive and electronics industries boosted prices.Analysts expect the bullish trend in commodities to continue in the coming months, as global demand remains strong and supply constraints persist. However, they also caution that volatility in the market could increase as concerns over inflation and geopolitical tensions continue to weigh on investor sentiment.As the global economy continues to recover from the impact of the COVID-19 pandemic, commodities are likely to play a crucial role in driving economic growth and ensuring supply chain stability. Investors are closely monitoring developments in the commodities market for signals on the strength of the global economy and potential investment opportunities.