PERSPECTIVES Viewpoint Commodities

Navigating metals, energy & strategic materials

This PERSPECTIVES Viewpoint Commodities: 'Navigating metals, energy & strategic materials' dives into the forces driving volatility, opportunity, and risk across the commodity spectrum.

Key takeaways:

Gold to stay well bid as monetary policy eases and central bank buying remains elevated; silver to remain volatile but will benefit from industrial demand.
Oversupply and moderate demand will keep Brent prices subdued while US shale costs act as stabilizers.
Copper expected to be range-bound in 2026 as demand softens, but long-term drivers supportive of positive long-term outlook.
Rare earths will remain in strategic focus as countries scramble to secure supplies.

The PERSPECTIVES Viewpoint is currently available and client-ready for the following regions: Germany, Americas, Europe, Middle East, Africa and Asia Pacific.

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