Central banks were once again net gold buyers in April, after large sales pushed gold accumulation into negative territory in March. In March, global central bank gold reserves fell by 27 tonnes, driven by big sales by Turkey and Russia. The tide turned in April, with central banks adding a net 17 tonnes of gold. The Gold Buyers Poland continued …
Continue ReadingCopper is trading just above $14,000 a ton in London, roughly $500 shy of its all-time high set in January, and Wall Street thinks it has further to run. Goldman Sachs lifted its end-2026 copper price target by more than 10% this week, raising its forecast to $13,735/ton from a previous $12,465/ton. The revision is driven by a weaker-than-expected supply outlook: the …
Continue ReadingInvestment demand for platinum remains extremely strong, with market fundamentals continuing to support platinum as a compelling investment. Market tightness suggests that there is insufficient platinum availability. By year-end, above-ground stocks are projected to provide less than three months’ global demand cover. Platinum bar and coin demand is expected to be 33% higher in 2026 than in 2025. All the conditions that spurred the 2025 price …
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