Author: Victoria

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Silver could still outperform gold in second half of 2025

ByVictoria
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“The white metal may get squeezed, as recovering Asian demand absorbs recent inventory builds in the aftermath of the Chinese slowdown and the base metal concentrate processing capacity increases,”

“We project the metal to average $36/oz in the final months of next year, making it a commodity outperformer as the XAU/XAG ratio challenges yearly lows.”

“With its low correlation to traditional assets such as equities and bonds, silver offers powerful diversification benefits,” Silver Institute said. “Historically, silver has proven its value during times of economic and geopolitical crises, serving as a reliable hedge against inflation, currency devaluation, and systemic financial instability. In the context of the modern global landscape, this role has become even more pronounced.”

Source – KITCO NEWS / written by Ernest Hoffman

Largest gold deposit in the world: NASA scientists discovered

ByVictoria
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NASA scientists estimate that there are almost 20 million tons of gold dissolved in the water of the seas and oceans.

Estimates suggest that nearly 20 million tons of gold are dissolved in seawater. However, the concentration of this metal is extremely dilute across a vast volume of water, making its extraction highly complex.

Source – AS USA

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Gold rises during holiday trade

ByVictoria
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Gold inched higher on Thursday in holiday-thinned trade, as investors focused on the U.S. Federal Reserve’s interest rate strategy and anticipated tariff policies under President-elect Donald Trump, both of which could influence the metal’s direction in the coming year.

Source – Daksh Grover / Reuters

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Robert Kiyosaki Says Buy Silver ASAP

ByVictoria
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“I HATE to say this…. But the banking crash Jim Rickards, Jim Rogers, Ray Dallio and I have been warning you about has started. Even if you have very little money you may still be able to profit from this crash. All you need is a few extra dollars…. Because you can still afford to buy a few real silver coins… before silver double[s] and triple[s],” Kiyosaki wrote.

Source – Nicholas Morine / GOBankingRates

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Gold edges lower, the dollar strengthens

ByVictoria
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Gold prices eased on Monday on a firmer dollar, in thin, holiday-season trade and as investors sought further clues on the U.S. Federal Reserve’s monetary policy for next year after its latest meeting signaled easing would be gradual.

“Presently, we are in a lull for Christmas week with the gold price trending sideways. Federal Reserve policy is clear with expectations of rising interest rates in the second half of the year,” said Michael Langford, chief investment officer at Scorpion Minerals.

Source – Reuters / written by Anushree Mukherjee

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Fed’s Hawkish Stance Pressures Gold Prices

ByVictoria
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Gold prices dipped on Monday as thin holiday trading kept momentum in check. After last week’s sharp decline, gold is attempting to recover but faces resistance between $2607.25 and $2607.35. A breakout above $2629.13 is possible, but traders will need stronger volumes to drive further gains—something unlikely until after the New Year.

Treasury yields edged slightly higher to start the week, with the 10-year yield rising to 4.536% and the 2-year yield ticking up to 4.325%. Yields jumped last week following the Fed’s policy update but eased on Friday after softer-than-expected inflation data. The dollar held steady as markets processed the Fed’s outlook for 2025.

Source – James Hyerczyk / FXEMPIRE

NewRange still trying to build Minnesota’s First copper mine, 20 years later

ByVictoria
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“This we hope will be reality in a three to five year period,” PolyMet’s Warren Hudelson told MPR News in 2004.

Now, 20 years later, the controversial mine in northeast Minnesota still hasn’t opened. It hasn’t even begun construction, because three key permits it needs to advance — approvals state and federal agencies granted more than five years ago — have since been revoked or suspended.

Source – MPRnews

Copper prices edge up in thin trade after past week’s tumble

ByVictoria
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Three-month copper on the London Metal Exchange (LME) rose 0.1% to $8,949.5 a metric ton in official open-outcry trading.

Adding further pressure, the International Copper Study Group said on Friday that the global refined copper market was in a 287,000 metric ton surplus for the first 10 months of 2024.

With a mean reversion strategy in play, copper is likely to strengthen back above the crucial $9,000 mark, Sucden Financial analysts said.

Source – ZAWYA