UBS sees gold price challenging $5,000/oz in H1 2027 on lower real rates, softer USD and strong sovereign demand
(Kitco News) – Gold prices have faced the strong headwind of a high opportunity cost for much of…
Rio Tinto signals no rush to revive Glencore deal as standstill ends
A freeze on Rio Tinto approaching Glencore for a takeover expires this week, but people who have been…
Glencore’s energy trading profits soar on Iran war
Glencore (LON: GLEN) earned 66 times more from energy trading in the first half of 2026 than it…
Vitol, Cargill, Glencore cut ties with Radiant World
Vitol Group and Cargill have stopped trading with Radiant World, one of the world’s largest iron ore traders,…
Glencore’s copper output up 15%, sees strong $3.3B marketing EBIT
Glencore said on Wednesday first-half copper production rose 15% on higher grades at key operations, while its marketing…
Trafigura profit, volumes surge in first results since Hormuz closure
Trafigura reported on Thursday a jump in net profit, offering the first glimpse into how trading houses have…
Iran war volatility has boosted commodities across the complex, and gold, oil and base metals prices will rise even after a deal – UBS
(Kitco News) – U.S.-Iran negotiations remain the most important driver of commodity markets in the near term, and…
Silver price outlooks chopped as supply deficit forecasted to narrow dramatically in 2026 – UBS
(Kitco News) – Weaker investment demand, softer industrial consumption, and higher mine supply will lower the supply deficit…
UBS lowers 2026 gold price forecast to $5,500/oz: ‘Markets are rediscovering the concept of opportunity cost’
(Kitco News) – Swiss banking giant UBS has cut its year-end 2026 gold price forecast from $5,900 to $5,500…
Glencore expects DRC cobalt exports to normalize in line with 2026 quotas
London-listed miner Glencore said on Thursday it expects cobalt exports from the Democratic Republic of Congo to normalize…
Swiss central bank has no plans to increase gold reserves, says chairman
The Swiss National Bank has no plans to alter the level of its gold reserves, chairman Martin Schlegel…
Gold exports from Switzerland up 30% in March as deliveries to UK jump
Gold exports from Switzerland rose 30% month-on-month in March, as shipments to Britain jumped to their highest since…