The need for more and better infrastructure around the world will only get bigger over time, widening the trillion-dollar gap that already exists between planned investment and the amount needed.
For the world’s leading economy, securing reliable supplies for these minerals is especially important to not only sustain its dominance but also shed its supply reliance on key rivals like China.
Increased demand from both central banks and investors provides further confirmation that precious metals, in particular gold, are the commodities to look at in 2023.
Precious metals are back in the spotlight in 2023 as signs of economic slowdown continue to surface and cause uneasiness among investors, in turn driving up the appeal of safe havens.
Gold cracked $2,000 an ounce on Monday for the first time in a year, as metal traders reacted to Sunday’s news that a deal was reached for UBS to buy Credit Suisse.
