
Gold, silver, and copper prices are experiencing a strong surge, concluding 2025 with significant gains and an optimistic outlook for 2026. Analysts attribute this rise to increasing policy risks, supply deficits, and robust structural demand, particularly from electrification and AI. Gold is supported by Fed rate cuts and central bank buying, while silver's outlook is bolstered by industrial demand despite recent volatility. Copper prices remain high due to demand from green energy infrastructure and supply disruptions in key mining regions.