The Fed and the Price of Gold: Inflation Increases Pressure to Make Decisions

Radioisotope power generators have been powering space probes for decades. Uranium Energy increases quarterly production by 157 percent; IsoEnergy reports new exploration data.

Indonesia is considering new restrictions for nickel processors, while the Congo is limiting cobalt exports. Canada Nickel and NexMetals report project progress and new resource data.

Supply bottlenecks and customs risks are keeping the copper market in flux. J.P. Morgan expects a price of $14,800 per metric ton in the fourth quarter; Mogotes Metals and U.S. GoldMining are moving forward with their projects.

Half of the professionals surveyed by Kitco expect gold prices to rise, while 45 percent of retail investors share this view. Osisko Gold Group and Southern Cross Gold Consolidated are working toward key project milestones.

Google agrees to a long-term nuclear power purchase agreement. With a spot price of around $90 per pound, Premier American Uranium and Uranium Royalty are banking on project progress and an expanded portfolio.

Potash remains indispensable for agriculture. Millennial Potash holds an indirect 80% interest in the Banio project and aims to complete the feasibility study by the end of 2026.

Tight inventories and mine outages are supporting copper, while central banks and institutional investors are supporting gold. OR Royalties and Gold Royalty have exposure to both metals through royalty payments.

Three meters of high-grade uranium mineralization in Wyoming — valued at nearly 1 g/t gold equivalent. Two-thirds of the 2026 drilling program has already been completed.

Central bankers emphasize gold’s status as a reserve asset. 45 percent of the central banks surveyed expect their own gold reserves to increase; Amex and Axo are moving forward with their projects.