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Metals Market Commentaries
Gold and the Hormuz Disruption: A Monetary Stress Test (Apr 9, 2026)
Source: Sprott
Paul Wong, CFA, Market Strategist: The closure of the Strait of Hormuz has turned geopolitical tensions into ...Full Story

Special Report: Why Gold Has Fallen: A Liquidity Story, Not a Broken Thesis (Mar 25, 2026)
Source: Sprott
Paul Wong, CFA, Market Strategist: Gold’s sharp March sell-off isn’t a failure of its safe-haven role. It’s the ...Full Story

Gold Rises Above $5,000 in an Evolving Monetary Regime (Mar 10, 2026)
Source: Sprott
In February, spot gold rose $384.70 per ounce (or 7.86%) to close the month at $5,279.73. It was an all-time monthly ...Full Story

Silver Conference Featuring Maria Smirnova, Sprott CIO (Feb 24, 2026)
Source: Sprott
Maria Smirnova, Sprott Chief Investment Officer, joins James Connor of Bloor Street Capital to discuss Sprott's ...Full Story

The Changing Global Order Is Repricing Gold (Feb 10, 2026)
Source: Sprott
Paul Wong, CFA, Market Strategist: Gold and silver surged to record highs in January before experiencing technically ...Full Story

Copper and Silver Join Revamped U.S. List of Critical Minerals (Jan 28, 2026)
Source: Forbes
Gold prices surged past $5,300 per ounce, hitting a new all‑time high as a sharply weakening ...Full Story

Metals Post Strong Returns in 2025 (Jan 5, 2026)
Source: Sprott
Metals delivered standout performance in 2025, led by exceptional gains across the precious metals complex ...Full Story

Gold & Silver Outlook 2026 (Dec 31, 2025)
Source: Sprott
Gold and silver delivered standout performance in 2025, driven by record price gains and powerful ...Full Story

Gold Holds Gains as Liquidity Stress Emerges (Dec 5, 2025)
Source: Sprott
Paul Wong, CFA, Market Strategist: Gold reached its highest monthly close in November 2025, driven by fiscal dominance, rising global debt and the ...Full Story

World Gold Council: Gold Outlook 2026 (Dec 4, 2025)
Source: World Gold Council
Gold has had a standout 2025, hitting 50+ all-time highs. Driven by global uncertainty, a weaker U.S. dollar ...Full Story

Silver faces fifth annual supply deficit as industrial demand slumps but investment surges (Nov 17, 2025)
Source: Kitco
Silver is projected to face its fifth consecutive annual supply deficit in 2025, driven by persistent production ...Full Story

The Debasement Trade Broadens Across Precious Metals (Nov 6, 2025)
Source: Sprott
In October, gold closed above $4,000 and silver hit record highs amid growing strategic demand, signaling ...Full Story

Copper and Silver Join Revamped US List of Critical Minerals (Nov 6, 2025)
Source: Bloomberg
The Trump administration has officially added copper and coal to the U.S. list of critical minerals, citing ...Full Story

Platinum and Palladium Are on the Move (Oct 21, 2025)
Source: Sprott
Platinum and palladium prices have surged due to persistent supply deficits. Demand from catalytic converters and ...Full Story

Dips: The Rx for Acrophobia (Oct 8, 2025)
Source: Sprott
With gold and silver reaching new all-time highs, we believe there is still opportunity in both the physical and ...Full Story

Gold Leads as Faith in Fiat Falters (Oct 7, 2025)
Source: Sprott
Gold surged to record highs as fading confidence in fiscal and monetary policy drove investors toward hard ...Full Story

Gold blazes past $3,800 on record run as silver nears fresh peak (Oct 1, 2025)
Source: Reuters
Gold prices surged past $3,900 per ounce, reaching a record high as investors sought safe- haven assets ...Full Story

Gold hits fresh all-time high as U.S. government shutdown dents risk appetite (Oct 1, 2025)
Source: CNBC
Gold prices surged to record highs as the U.S. government entered its first shutdown in nearly seven years, fueling ...Full Story

Gold scales record high as markets brace for further rate cuts (Sep 22, 2025)
Source: Reuters
Gold prices remained near record highs (over $3700) on September 22, 2025, as investors awaited signals from ...Full Story

Challenges to Fed Autonomy Strengthen Case for Gold (Sep 5, 2025)
Source: Sprott
Gold has topped another all-time high above $3,600 per ounce, while silver has reached $41, its highest level ...Full Story

Gold climbs to record high of over $3,500 on bets of US rate cuts, economic risks (Sep 2, 2025)
Source: Reuters
Gold prices surged to a record high above $3,500 per ounce as investors bet on upcoming U.S. interest rate ...Full Story

Silver price tops $40 for first time since 2011 (Sep 1, 2025)
Source: Mining.com
Silver prices soared above $40 per ounce for the first time since 2011, driven by expectations of U.S. ...Full Story

A Cure for Financial Dementia (Aug 14, 2025)
Source: Sprott
John Hathaway, Senior Portfolio Manager: In our view, market euphoria and collective amnesia have left ...Full Story

Gold Miners Shine in 2025 (Aug 6, 2025)
Source: Sprott
Shree Kargutkar, Sprott Senior Portfolio Manager: Gold and silver are up over 25% in 2025 , with mining stocks ...Full Story

Gold extends gains on US rate cut expectations (Aug 4, 2025)
Source: Reuters
Gold prices surged for a third consecutive session as weak U.S. employment data and rising inflation ...Full Story

Gold prices are soaring again. Here’s why a new record could be right around the corner (Aug 4, 2025)
Source: MarketWatch
Gold prices are surging toward potential record highs, fueled by expectations of Federal Reserve rate ...Full Story

Silver Investment Outlook Mid-Year 2025 (Jul 21, 2025)
Source: Sprott
Silver gained nearly 25% through mid-year, and continues to rise in July, as supply remains tight and ...Full Story

Metals Mining Resources

2026 Precious Metals Forecast survey (LBMA)

LBMA Annual Report 2025
(LBMA)

Global Top 100 companies - by market capitalisation May 2025 (PWC)

2025 Precious Metals Forecast survey (LBMA)

Global Top 100 companies - by market capitalisation April 2024 (PWC)

2024 Precious Metals Forecast survey (LBMA)

LBMA Annual Report 2024
(LBMA)

Global Top 100 companies - by market capitalisation May 2023 (PWC)

2023 Precious Metals Forecast survey (LBMA)

LBMA Annual Report 2023
(LBMA)

LBMA Annual Report 2022
(LBMA)

Global Top 100 companies by market capitalisation 2022 (PWC)

2022 Precious Metals Forecast survey (LBMA)

LBMA Annual Report 2021
(LBMA)

LBMA Annual Review 2020
(LBMA)

Mine 2021 - Great expectations, seizing tomorrow (PWC)

2021 Precious Metals Forecast survey (LBMA)

Gold and copper price survey : Navigating COVID-19 and beyond December 2020 (PWC)

2020 Precious Metals Forecast survey (LBMA)

Global Top 100 companies by market capitalisation 2021 (PWC)

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