Central banks’ gold demand still high

Central banks’ demand for gold remains strong as geopolitical risks reshape reserve management, Turkish Central Bank Governor Fatih Karahan said on Sept. 16. Speaking at the Budapest Financial Summit, he said reserve managers needed to consider access to assets alongside safety, liquidity and returns. Assets that were liquid under normal conditions might not be readily available during periods of stress. …

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From Critical Minerals to Connectivity: South Korea’s Stakes in Central Asia

On September 16, Seoul hosted the first Korea–Central Asia Summit, bringing President Lee Jae Myung together with the heads of all five Central Asian states. The meeting elevated a dialogue that has run at a ministerial level since 2007 to the level of heads of state. The leaders adopted a Seoul Declaration setting the terms for future engagement and agreed …

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Dominican Republic eyes first rare earth reserves by 2027

The ministry of energy and mines of the Dominican Republic reported that the country has accumulated more than 5,000 results from samples analyzed in its rare earth project, a development that will make it possible to determine the deposit’s resources in November 2026. The ministry plans to declare the project’s first reserves during the first half of 2027, once the …

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Copper: AI slowdown fears pressure prices – ING

ING’s Warren Patterson and Ewa Manthey highlight that Copper is retreating as calls from major technology executives to slow AI development hit tech stocks and dampen expectations for data-centre investment. They add that rising inventories, softer nearby spreads and improving exchange availability signal easing tightness on the LME, though they still see persistent mine-supply constraints supporting prices once current positioning …

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Africa critical-minerals pipeline surges as output lags

Africa’s critical-minerals pipeline has expanded by 36% since early 2025, but the surge in exploration and development isn’t yet translating into much new production, according to an updated database compiled by Paris-based Africa Business+ and EY. There are now 658 projects across bauxite, cobalt, copper, graphite, lithium, manganese, nickel and platinum across the continent, up from 483 in the first …

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Gold Tests Critical Thresholds as Oil Uncertainty and Rate Hike Risks Mount

As the US-Iran conflict entered its 199th day, Middle East diplomatic efforts appeared to stall with the postponement of a meeting between Iran and other Gulf states. Concurrently, attacks near the region’s two primary oil transit routes intensified concerns regarding global energy supply security. The widening of the Middle East conflict into Yemen and drone strikes on a critical Saudi …

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Gold versus platinum: investors are switching their bets

UBS advises investors to choose gold over platinum due to the growing surplus of the latter on the global market. Demand for platinum is weakening, which is putting pressure on its price. UBS strategist Giovanni Staunovo told the bank’s clients that, heading into the fourth quarter, gold looks more attractive than platinum. According to his assessment, the platinum market has …

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Canada’s critical-minerals shortcut is old mines

The mantra “Canada has what the world needs” has circulated in different iterations for years, most recently adopted by Prime Minister Carney. But we cannot assume geology alone will result in outcomes. Our Achilles’ heel has never been a lack of resources; it has been our ability to execute with the pace and urgency required. To our credit, Canada has …

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