The bottom is well behind us. The more important question now is what comes next for Gold and gold stocks. There is a key development taking place beneath the surface. Gold stocks are outperforming Gold now, and over the quarters ahead, capital could shift away from technology stocks toward Gold and gold stocks. Several charts are worth watching closely. GDX …
Continue ReadingI asked if copper could still rally after reaching a long-term target in a June 5, 2026, Barchart article, where I concluded with the following: In early June 2026, COMEX futures were around $6.30 per pound, while LME forwards were over $13,900 per ton. While upside targets of $6.8030 and $15,000 per ton are possible, risk-reward could favor the downside in the …
Continue ReadingRuthenium rose from approximately US$560 to US$1,750 per ounce over 12 months as the market faced a forecast 203,000-ounce deficit for 2026, but higher prices cannot independently increase mine supply because the metal is recovered only alongside platinum and palladium. More than 90% of mined platinum group metal (PGM) supply comes from South Africa, Russia, and Zimbabwe, so stronger ruthenium …
Continue ReadingZinc climbed to its highest level since June 2022 on the London Metal Exchange (LME) Thursday, as warehouse stockpiles drained to multi-year lows and mine supply cuts tightened the physical market. LME zinc for cash settlement closed at $4,107 a tonne ($1.86 a pound) on Aug. 27, the highest since June 2022 and up 55% from a trough of about …
Continue ReadingUzbekistan exported gold worth $1.3 billion in July 2026 after a two-month pause, the Uzbek National Statistics Committee said in a publication. Apart from July, Uzbekistan has only exported gold in April this year. According to the statistics, it exported non-monetary gold for a sum of $2.804 billion in January-July 2026. The share of gold in overall exports decreased to …
Continue ReadingThe critical minerals segment has been driving acquisition and financing activity in the Brazilian mining sector in recent days. This week, the Canadian company Lithium Ionic completed the sale of its Salinas project in Brazil to the Australian company PLS Group Limited, in a US$37.5 million transaction. According to the Canadian company, the funds raised from the sale will strengthen its cash position and make …
Continue ReadingThe newest gold derivatives on the market do not settle in dollars; they settle in Tether. Binance listed European-style gold and silver options on July 29, cash-settled in USDT through its ADGM-regulated Nest Exchange, the exchange said, following the USDT-settled metals perpetuals it introduced in January. “We’ve seen strong demand for our commodity perpetuals since introducing them earlier this year, and …
Continue ReadingThe National Economic Council (DEN) outlined that the total value of Indonesia’s nickel and cobalt reserves is approximately US$800 billion. A member of DEN’s Mining and Minerals Expert Team, Nataneil Adhynagara Horansil, stated that this value is based on Indonesia’s nickel reserves of 52 million tons and cobalt reserves of 1.2 million tons. “If we estimate the value using the …
Continue ReadingThe U.S. Department of Energy’s (DOE) Office of Critical Minerals and Energy Innovation awarded $10 million on Wednesday to seven projects that it said will accelerate the early-stage technology research and development necessary to more efficiently recover and refine critical materials required for energy technologies. Led by the Critical Materials Innovation Hub (CMI Hub), the projects will focus on rare earth …
Continue ReadingGold (GCZ26) has had quite the year in 2026 so far. As we near the end of August, the yellow metal has moved through its share of twists and turns, but the broader trend remains firmly upward. Spot gold is now holding around the $4,700-an-ounce mark after gaining over 17% in August alone so far, making it the metal’s best month so far this year, apart …
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