Despite gold drop JPMorgan sees $6,300 this year
JPMorgan is maintaining a bullish outlook on gold prices by setting an end-of-year price target of $6,300 an oz. amid a broader shift towards hard assets. In a note published…
Commodities Markets
Trump’s $12B minerals vault to cut China reliance
U.S. President Donald Trump launched a strategic stockpile of critical minerals on Monday backed by $12 billion to protect manufacturers from supply disruptions as the country accelerates efforts to reduce…
Kazatomprom plans 9% uranium output rise this year
Kazatomprom (LSE: KAP), the world’s top uranium producer, forecasts output will rise about 9% to 71.5 to 75.4 million lb. this year compared to last year. The increase is mostly…
Australian lithium miners PLS, MinRes plot expansions, restarts after price triples
Australian hard rock lithium producers are gearing up to boost supply as spodumene prices have more than tripled since early December. On Friday, Australian major PLS Group (ASX: PLS) reported…
Silver, gold fall as U.S. dollar rebounds on next Fed chair
Precious metals prices plunged on Friday as a rebound in the U.S. dollar led some investors to book profits on the metals. Silver plunged 22% to trade at $90.73 an…
Capstone strike at Mantoverde may end this weekend
Talks could end a four-week strike that has idled Capstone Copper’s (TSX: CS; ASX: CSC; US-OTC: CSFFF) Monteverde mine in Chile. Canaccord Genuity analyst Dalton Baretto says the strike could…
JPMorgan sees $8,000 gold by decade end
As gold prices continue to smash records, analysts are now assessing the metal’s next potential destination, with J.P. Morgan outlining scenarios in which it could top the $8,000-an-oz. level in…
Uranium entering multi-year bull market: report
The global uranium market is entering a “tipping point” where sustained demand for the energy fuel and supply constraints could lead to a significant price rally in the coming years,…
High metal prices don’t equal more demand: BMO
Metals demand in the global industrial economy has been soft since November, despite rising prices across most metals over the past year and manufacturing expansion at its highest level since…
Glencore’s copper drops 11% as Rio takeover looms
Glencore’s (LSE: GLEN) copper production fell 11% in 2025, hitting the low end of guidance as weaker ore grades and operational constraints weighed on output, amid intensified investor attention on…
Sprott soars on 500,000-lb uranium buy
The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD) continues its new year shopping spree after it purchased 500,000 lb. of uranium oxide (U3O8) on Tuesday, its…
Calls grow for Germany to repatriate U.S.-held gold
Germany is facing renewed pressure to bring home some of its gold held in the United States due to geopolitical uncertainties stemming from the shift in transatlantic relations. The European…