Commodities

Copper was supposed to be boring, cyclical, and dependable. Companies would dig more when prices rise, pull back when they fall. But that playbook is breaking down, and that shift has been decades in the making. Between 2015 and 2025, major copper discoveries were not just fewer, they were smaller...

Commodities asset manager Sprott (NYSE:SII), known for treating precious metals as a macro signal, is evaluating the market’s structural change following one of the strongest years on record for gold and silver. The commodity sector, in its view, is no longer a trade—it's becoming a core...

The global hedge fund industry has reported a 12.6% annual return in 2025, marking the highest since the global financial crisis. Stock-picking strategies that bet both long and short on equity markets, along with macro managers who utilize stocks, bonds, commodities, and currencies...

Equity investors love to talk about the "January effect." It is an idea that stocks, especially small caps, tend to rally at the start of the year as tax-loss selling fades and fresh capital returns. But what's less widely appreciated is that gold has its own January effect — and historically, it's...

President Donald Trump’s military action in Venezuela has set off a chain reaction in the commodities market, sparking predictions of a new ‘supercycle’ and a prolonged boom, says analyst. Markets Echo Early-2000s Supercycle The current market environment is reminiscent of...

Legendary mining executive Robert Friedland has emerged as an outspoken advocate for solving the critical minerals shortage. The billionaire founder of Ivanhoe Mines (OTCX: IVPAF) has repeatedly warned that the world's ambitions for electrification, artificial intelligence, and national security...

The arrest of the Venezuelan President Nicolas Maduro brought the seemingly forgotten oil sector into the spotlight. Yet, West Texas Oil (WTI) failed to reverse meaningfully, erasing Monday’s 2% gain and closing at $57 per barrel on Tuesday. “It is premature to evaluate the impact of...

Silver has closed 2025 as the best-performing asset after a historic 26% surge in December. Yet market participants warn that this rally is not a replay of the Hunt brothers' blow‑off in 1980 or the QE panic in 2011. Back then, with leverage removed, the price could fall back because the metal was...

Silver has quietly delivered one of the most explosive performances in global markets this year, rallying 152% year-to-date, marking its strongest annual performance since 1978, effectively stealing the spotlight from gold, which is up 66.22% so far this year. Both precious metals touched record...

After a volatile but overall bearish year, nickel is closing 2025 on a positive note. One of the "forgotten" metals has turned bullish, rallying 5.5% in a month. Yet, time will show whether this run is a legitimate turnaround or a sector-based tailwind. Still, in the last two years, nickel remained...

Oil is closing 2025 as one of the negative-performing assets. Despite starting the year with a rally, oil's movement soon became typical bear-market dynamics. Consistent price decline interrupted by volatile, sharp double-digit rallies. Still, even in that environment, oil majors saw significant...

2025 will be remembered as one of the strangest—and most revealing—years in modern market history. While investors obsessed over artificial intelligence, data centers, and chip shortages, a very different trade quietly took over the leaderboard. Precious metals didn't just rally. They left some of...

Editor’s Note: This story has been updated to correct the day referenced in the headline and the first paragraph. Wall Street traded modestly higher Tuesday, with large-cap benchmarks attempting a fourth straight day of gains as investors looked ahead to a seasonally strong year-end stretch....

Copper extended its recent surge on the London Metal Exchange, with benchmark futures topping $11,700 a ton. It was the strongest rally since last summer, as investors began positioning for a possible regime of phased, near-universal copper tariffs starting in 2027. A reinforcing narrative of...