World Gold Council halves its 2026 gold investment growth forecast to 200 metric tons. Higher oil prices revive inflation concerns and expectations of another Fed rate hike. US midterm elections add uncertainty as investors reassess the dollar and gold demand. Gold prices recovered on Tuesday after slipping early in the session as renewed tensions in the Middle East revived inflation …
Continue ReadingSilver futures (/SI) are trading near $50.20, following a substantial correction from the recent chart high of $54.685. The market has experienced considerable selling pressure, reaching a recent low of $48.895 before attempting a recovery. The immediate question is whether silver is establishing a sustainable bottom or simply experiencing a temporary countertrend bounce. The current price remains below several important …
Continue ReadingJPMorgan, the investment bank, says a focus on securing critical minerals supply is reviving US copper investment, lifting its estimate of potential new supply to about 1.3 million tonnes a year. US mined output has fallen about 50% over 30 years to roughly 1 million tonnes, and its share of global mined output has dropped from about 50% in 1900 …
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