Gold had a historic run last year and silver soared 210%, but now it looks like copper (up 35% in 2025 to $11,771 per metric ton) is the next metal to watch. It’s a classic case of supply and demand. Analysts predict a shortfall of 150,000 tonnes in global copper supply in 2025 (1). Meanwhile,…
Metals have had a record year with recent increases in the prices of gold (GC=F) and silver (SI=F), but there is a third metal that is reaching its own all-time highs. Copper prices have risen more than 35% this year, preparing to post the biggest annual gain since 2009, driven by growing technological demand, supply…
In the last Market at closing live broadcast, viewer Richard asked a sharp question: “The ITB – the construction index – appears to be the first to fall, showing weakness in the overall economy. Is this just a setback or a sign of things to come?” John Rowland, CMT, did not hesitate to broaden the…
