Central banks are scaling back on the dollar as institutional bullion buying climbs to record highs. In the World Gold Council’s (WGC) latest annual survey of central banks, 83% of respondents expect to increase their gold holdings over the next year. That’s up from 76% in 2025. This surge in demand is due to the U.S. dollar’s waning preeminence in global reserves …
Continue ReadingArtificial intelligence is emerging as an unexpected new source of demand for rare earth elements, adding to military and clean-energy consumption just as Western governments pour billions of dollars into rebuilding supply chains outside China, according to Sprott Asset Management. AI has joined defence and electrification as a third structural driver of rare earth demand, with the world’s five largest hyperscale …
Continue ReadingBank of America’s $3,000 platinum call only makes sense if you look past the headline metal trade. The real story is a market where thin inventories, China jewelry demand and carmaker substitution are doing more work than investor fashion. Nobody’s talking about platinum the way they talk about gold. That’s sort of the point. Gold gets the central bank story. …
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