Central bank gold reserves have increased by an average of 1,000 tonnes per year over the last four years. That’s double the 500-tonne average during the previous decade, and the trend doesn’t appear to be slowing down. According to the World Gold Council’s 2026 Central Bank Gold Reserves Survey, a record 45 percent of the 76 respondents indicated they expected …
Continue ReadingFor decades, oil and natural gas defined power in the Middle East. Control over hydrocarbon resources shaped alliances, triggered conflicts and influenced the global economy. Today, however, a quieter but equally significant competition is emerging beneath the surface. The next strategic battle in West Asia may not be fought over oil fields or gas pipelines, but over the critical minerals …
Continue ReadingThe most-traded SHFE aluminium 2608 contract closed at RMB 23,425 per tonne, down 1.47 per cent. Prices traded below the MA5 (23,816.00), MA10 (23,952.00), MA30 (24,322.33), and MA60 (24,563.33) moving averages. The short- to medium-term moving averages were in a bearish alignment and pressing lower, with the overall structure notably in the doldrums and each of the moving averages above …
Continue Reading