Mining Metrics: Ghali’s take on gold, silver scarcity & Fed cuts

Gold is hovering just below record highs, silver’s at a 14-year peak, and Canada’s top-performing stocks are dominated by miners. But is this rally sustainable—or has the market already priced in Fed rate cuts? To break it down, we sat down with Daniel Ghali, Senior Commodities Strategist at TD Securities, who explains why gold’s in a secular bull market, why silver faces a real scarcity problem, and what’s next for copper as it hovers near $10,000 a tonne.