Gold is poised to benefit significantly from an increasingly fragmented world as nations continue to pivot into the metal and away from the US dollar as their go-to reserve asset, according to Deutsche Bank. In a note published on Monday, the German investment bank said it sees a scenario where central banks, especially those in emerging economies, continue to increase their …
Continue ReadingGold and copper are the two largest exposures in the £1.8bn BlackRock World Mining investment trust, with long-serving fund manager Evy Hambro saying the fundamentals of both assets remain strong, In the case of copper, for instance, there is fundamental demand for renewable energy and data centres. Hambro told FT Adviser: “Around 40 per cent of the assets are in …
Continue ReadingIntroduction The 2024 to 2025 precious metals cycle produced price moves that stand apart from prior bull markets in their breadth. Platinum surged past an all-time high of $2,700 per ounce before closing around $2,000 per ounce. Palladium passed $2,000 per ounce before settling at approximately $1,700 per ounce. Gold passed $5,000 per ounce and closed at approximately $4,600 per …
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