UBS lifts 2026 mid-year gold price forecast to $4,500
In the upside case, the bank sees gold reaching as high as $4,900 an ounce.
Latest Stories
LME to stop running benchmark platinum and palladium auctions
Results of the LBMA Platinum and Palladium Price auctions are used across the market and industry for settling contracts and transactions.
Angola to speed up mine permits, cut red tape to lift investment
The push underpins Angola’s attempts to expand its non-oil minerals sector and attract foreign capital.
Inalum targets 2029 to commission new aluminum plant
The company plans to build a smelter capable of producing 600,000 metric tons of aluminum a year with an estimated investment of nearly $2.5 billion.
Gold exports from Switzerland to China drop in October
Supplies to China plunged 93% to 2.1 metric tons, their lowest level since February.
Stand-off between China’s iron ore buyer and BHP tightens iron ore supplies
Trade of Jimblebar fines is still frozen in China, leaving mills that previously used it switching to a substitute.
Column: China steel output slumps as iron ore imports head for record
China's steel production this year will drop below 1 billion metric tons for the first time since 2019, but iron ore imports may rise to a record high.
Chinese copper demand sags in busy season after prices surge
Chinese usage remains heavily weighted to construction and a property sector mired in crisis.
China’s October rare earth magnet exports fall, but US shipments surge
Exports to the US jumped by 56.1% from the prior month to 656 tons, the highest since January.
