Gold is rebounding after falling for most of 2026. Gold is on the rebound. The price of the yellow metal hit an all-time high of $5,354 an ounce in late January, then fell 25% over the next five months, dropping below $4,000 an ounce by mid-July. But the price has risen sharply in August. As I write this, it’s trading …
Continue ReadingCritical minerals mining in the US is poised to benefit from a new $250-billion finance initiative announced by Bank of America on August 12. Bank of America announced an 18-month critical infrastructure finance initiative in honor of America’s 250th anniversary. The initiative aims to drive transformative infrastructure investment across the US, with the investments targeted for the development of digital, energy, power and core infrastructure that …
Continue ReadingCopper set a record on the Comex on Wednesday as a tame US inflation reading eased the threat of higher interest rates and a physical shortage in London pushed the premium on immediate delivery to its widest of the year. Copper for September delivery touched $6.7140 a pound ($14,802 a tonne) in New York, clearing the $6.7045 record set on August …
Continue ReadingAfter correcting through much of the Iran conflict to date, precious metals are starting to revive based on a set of ETFs through Tuesday’s close (Aug. 11). Meanwhile, copper’s resilience during the war has endured as the metal continues to set new highs. Year to date, copper is the standout winner among the main exchange‑traded products offering a pure play …
Continue ReadingMalaysia and Australia are exploring closer cooperation in the rare earth elements (REE) and critical minerals sectors, including the development of domestic neodymium magnet manufacturing. The Natural Resources and Environmental Sustainability Ministry (NRES) said the matter was among the key areas discussed during a meeting between Minister Datuk Seri Arthur Joseph Kurup and Australian High Commissioner to Malaysia Danielle Heinecke …
Continue ReadingPalladium outperformed analyst expectations in 2025 despite widespread concerns over oversupply and weakening demand, according to the latest LBMA Annual Precious Metals Forecast Survey. The metal averaged USD 1,150.29/oz, compared with the winning average forecast of USD 1,090/oz. Palladium began the year at USD 921/oz and ended at USD 1,660/oz, reaching a high of USD 1,837/oz on 23 December. Concerns …
Continue ReadingThe Gold price could average close to $5,300 in 2027 under RBC’s bullish scenario, while its central case still points to prices holding above $4,200. The Gold price was trading around $4,380 on Tuesday after another volatile 48 hours, having briefly pushed above $4,430 before giving back part of the move. RBC Capital Markets’ latest commodity forecasts leave plenty of room for …
Continue ReadingThe U.S. is making progress toward breaking China’s dominance of the rare-earth supply chain. But there is a catch: non-China rare earths are already dramatically more expensive, meaning Western companies may have to pay a premium to reduce their dependence on Beijing. That is the emerging reality described by USA Rare Earth, Inc. (NASDAQ:USAR) CEO Barbara Humpton on the company’s second-quarter earnings call. She said companies are increasingly …
Continue ReadingThe price of Silver could extend its recovery into 2027, with RBC’s Fresnillo model assuming $77.48/oz in 2026 and $83.13/oz next year. The Silver price (in US Dollars) has staged a sharp August rebound, climbing back above $65 after spending much of July below $60. RBC’s latest Fresnillo model points to a much stronger second half, with the bank saying: “We expect …
Continue ReadingWorld Gold Council survey finds a record 45% of central banks plan to add gold amid inflation and geopolitical uncertainty. As wars spread, trade tensions escalate and inflation remains stubbornly high, governments around the world are quietly buying more gold, a sign many are preparing for a future they believe will be more uncertain. A new World Gold Council survey found that …
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