The Iran war caused one of the biggest supply shocks to ever hit the aluminum market, but the runaway price surge that many were bracing for has been blunted by the ingenuity of producers from the Middle East to China. When the conflict began, market watchers warned that unless the Strait of Hormuz reopened quickly, smelters were likely to run out of raw …
Continue ReadingThe underlying outlook for gold remains excellent, even as near-term pressures could persist. The price of gold has dipped to about $4,320 per ounce in 2026, and forecasters, including JPMorgan, have had to reduce their full-year gold price forecasts accordingly. Still, even though JPMorgan reduced its 2026 forecast to $5,243 per ounce from $5,708, it still implies gold reaching $5,000 per …
Continue ReadingInvestors now have multiple options to own or invest in gold without buying jewellery. While physical coins and bars continue to be a popular choice for gold investing, alternatives like Gold ETFs (exchange-traded funds), Sovereign Gold Bonds (SGBs), digital gold, and Electronic Gold Receipts (EGRs) have emerged in recent years. Now, another option is beginning to attract attention: tokenised gold. …
Continue ReadingSilver has fallen in price due to transitory factors, but it isn’t likely to stay that low. Silver went on a tear in 2025, more than doubling in price from about $30 an ounce to almost $78. It then peaked at around $115 an ounce in late January 2026 before prices began to fall. It’s now trading below $75 an …
Continue ReadingGlobal central banks plan to increase their gold reserves while reducing their exposure to the US dollar over the next five years, according to the World Gold Council’s (WGC) 2026 Central Bank Gold Reserves survey. The annual survey, which drew a record 76 responses from reserve managers between February 5 and May 19, shows that 45 percent of respondents expect their …
Continue ReadingSilver futures are trading at 66.25, testing a critical support zone after failing to sustain prices above the Daily VC PMI Mean of 70.42. The market has experienced a sharp decline from the recent high of 71.65, placing price action near the lower boundary of the current trading structure and approaching the Daily Buy 2 level at 67.62. According to the VC PMI Mean Reversion Model, …
Continue ReadingCritical minerals were once again near the top of the agenda for G7 leaders as they met in Évian, France, this week, a year after the G7 launched the Critical Minerals Action Plan. The meeting was an opportunity for the United States to garner support for its plurilateral trade agreements, which would use trade mechanisms to support production outside of China. …
Continue ReadingCanadian Prime Minister Mark Carney has offered Italy priority access to Canada’s critical mineral reserves as the two countries expanded cooperation on supply chains, defence and energy during talks at the G7 summit in France. The meeting with Italian Prime Minister Giorgia Meloni in Évian builds on a year of growing bilateral engagement centred on critical minerals. Recent developments include …
Continue ReadingSprott Gold Miners ETF (SGDM+3.14%) offers lower fees and North American gold exposure, whereas Global X – Silver Miners ETF (SIL+3.04%) provides global silver mining access with higher recent returns. Both funds provide targeted entry into the precious metals mining industry, yet they serve distinct portfolio roles. While gold and silver often follow similar price trajectories, the operational risks and geographic concentrations of these ETFs …
Continue ReadingChile sits on some of the planet’s best lithium, the silvery metal at the heart of electric-car batteries. Turning that advantage into lasting income is the harder part, and a new project is where the country’s strategy will be tested. In the second half of June, a venture called NovaAndino Litio plans to file the environmental study for a project …
Continue Reading