Gold an ideal hedge against AI bubble: BofA
In its note, BofA stresses that if the current AI hype fades, valuations compress and investor flows reverse, gold could outperform equities.
Latest Stories
Fortuna boosts underground potential in Côte d’Ivoire
Fortuna is spending an estimated C$13.5 million this year exploring at Séguéla, the largest of its four mines.
Gold boom spurs MKS PAMP to boost Hong Kong presence
Although London remains the global market’s main pricing center, China is the world’s largest gold producer.
Record gold profit adds shine to Swiss National Bank’s results
The SNB, with unchanged gold holdings of 1,040 metric tons, has benefited from gold prices.
Fortescue’s Forrest doesn’t get the hype over critical minerals
Andrew Forrest slammed Donald Trump, iron ore rivals and oil majors while vowing to stay the course on decarbonization.
Column: LME copper hits record highs as funds and fundamentals align
Macro and micro drivers have both turned price-positive and fund managers have jumped back in on the long side.
CATL taps outside suppliers for lithium ore as flagship mine stays closed
The Chinese battery giant seeks alternative feedstock while its flagship Jianxiawo mine is closed.
Newmont CEO says Ghana’s fiscal stability key as $900M gold mine opens
Newmont's Ahafo North mine is set to produce up to 325,000 ounces annually, employing 1,000 workers.
For Danish army, the threat to Greenland isn’t Trump but Russia
Interest in Greenland’s mineral potential has grown since Trump suggested buying the territory, home to many critical minerals.
