Gold prices holding steady, silver enjoys ETF activity

View: Source Refinery services provider Heraeus says in its latest precious metals appraisal that gold will not be subject to US import tariffs that have been imposed on various countries, and that gold prices are holding steady amid market turbulence globally. The gold price closed the week ended August 15 at $3 343/oz, which marked a 1.5% week-on-week decrease. Heraeus explains …

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Going Beyond Gold: Capturing the Broader Commodity Complex

View: Source Gold has undeniably been the standout asset class of the year, stealing the spotlight after a string of record highs. Bullion prices have surged 30% YTD to outpace equities and bonds amid a combination of central bank hoarding and a general flight to safety. Despite the precious metal’s glimmering outperformance, investors may be overlooking opportunities among the broader commodities complex. The Bloomberg …

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US losing ground to China in competition over Central Asia’s critical minerals

View: Source US officials keep expressing enthusiasm for expanding trade in critical minerals with Central Asian states. But while Washington talks, China is taking substantive action to expand its hold over Central Asia’s abundant resources. During her recent Senate confirmation hearing, Julie Stufft, the Trump administration’s nominee to be US envoy to Kazakhstan, reaffirmed US interest in developing Central Asia’s critical minerals sector. “Almost …

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Platinum Rally Is Not Enough To Incentivize New Supply

View: Source China’s platinum imports hit records, draining Western vaults and pushing lease rates higher. Valterra warns prices need to rise another 50% to justify new supply amid tight global output.   Platinum has emerged as one of the best-performing commodities in 2025, with prices surging over 47%. Beyond speculative investments, intensifying shortages have driven the interest, raising concerns from both industrial …

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A tale of two supply chains: Comparing Trump’s new copper tariffs and rare earth investments

View: Source The United States wants to secure its supply chains and revitalize domestic manufacturing, but when it comes to minerals, it’s still playing catch up—and not always with the right playbook. On August 1, the Trump administration launched sweeping new copper policies, including steep tariffs on semi-finished copper products and a domestic sales requirement. The announcement came just weeks after the US …

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Industrial Activity & Investment Demand Will Drive Silver

View: Source Silver continues to show its luster alongside gold this year, but both carry differing demand drivers. Silver will benefit from recovering industrial activity and increasing investment demand—both highlighted in Sprott’s latest silver report. As seen though the S&P indexes, silver continues to show upside. The S&P GSCI Silver index is just ahead of the S&P GSCI Precious Metals index and …

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Copper rises as Chile stoppage stirs fresh concerns about supply

View: Source Copper rose for a second day as Chilean mining giant Codelco grappled with the aftermath of a deadly accident at one of the world’s biggest underground mines. Six people were killed in a tunnel collapse triggered by an earth tremor at El Teniente, which accounts for over a quarter of Codelco’s output. Underground operations are halted and — with the company launching an investigation into the causes …

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Australia and Canada should cooperate, not compete, on critical minerals

View: Source The global critical minerals race is heating up, and by not collaborating more closely, Australia and Canada are letting down their partner nations. Despite being the world’s two most reliable and like-minded mining giants, the pair are drifting apart just as they should be forging a united front. To secure global supply chains, counter coercion and boost economic and …

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The U.S. Critical Minerals Dilemma: What to Know

View: Source Critical minerals play an essential role in security and technological competitiveness, but the United States relies heavily on imports from China and other foreign sources. The Trump administration is trying to change that. In 2022, the U.S. government identified fifty minerals considered critical to the U.S. economy and national security. These minerals, such as cobalt and lithium, play essential …

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