Metals

OUTLOOK 2026

Gold could hit US$5,000 an ounce in 2026 if risk hedging persists: market watchers

Returns are expected to moderate for the precious metal in the new year, say analysts

Gold has gained more than 64% this year, shattering multiple records and making it one of the best-performing assets of 2025.

Gold edges higher on US rate outlook; silver dips but stays near record high

Silver has gained 121% since the beginning of the year on tightening inventories

Indonesian exports have been returning to normal as the crackdown on tin smuggling ends and trade quotas are reissued, Mysteel Global says.

Indonesia’s tin exports surge as supply concerns dissipate

The campaign has underpinned tin’s rally this year, which surged 41% as the best-performing contract on the London Metal Exchange

Gold has gained about 64% this year, shattering multiple records and making it one of the best-performing assets of 2025.

Gold rises on softer Treasury yields; silver steadies after record run

Investors are currently pricing in two rate cuts for next year

Non-yielding assets such as gold tend to perform well in low-interest-rate environments.

Gold rises as a divided Fed cuts rates; silver hits record high

US job and inflation data for November will be released next week

Copper is a vital part of the servers, cooling systems, power connections and numerous backup components designed to minimise downtime.

The world needs a lot more copper. But will there be enough supply?

The market has been hit by a slew of mine outages this year, from Chile to Indonesia

Lower interest rates tend to favour non-yielding assets such as gold.

Gold rises but investors stay cautious about ‘hawkish’ Fed tone

The market is pricing in an 87% chance of a 25-basis-point rate cut

Lower interest rates tend to favour non-yielding assets such as gold.

Gold gains as Fed rate-cut optimism dents dollar

Dovish commentary from several Fed officials has further fuelled expectations of monetary easing