Seasonality in gold has always been a fascinating phenomenon, but today other factors are gaining the upper hand.

Silver prices have fallen significantly in recent weeks. However, this should not cause investors to lose confidence.

Vulnerable supply chains meet price levels that create incentives for investment.

In the short term, the gold price is likely to remain strongly influenced by developments in the Iran conflict. Over the medium to longer term, however, the outlook remains optimistic.

WMO and NOAA see elevated El Niño risks for 2026 – with potential consequences for droughts, heavy rainfall and global crop stress.

Last year, the price of copper was subject to significant fluctuations. In the long term, structural shortages could intensify.

Investment firms are forecasting a wide range of gold prices through early 2027.

Low gold prices are a good time to get in. They could also spur more mergers.

There is no doubt that demand for uranium will grow significantly in the coming years. And the uranium market is out of balance.

The worst of the downtrend in gold and silver appears to be over.