Commodities
14 articles filed under Commodities, newest first.
How Gold Is Priced: The LBMA Auction, COMEX Futures and the Spot Price
How the gold price is set: London OTC trading, the twice-daily LBMA Gold Price auction, COMEX futures, Shanghai, and what the spot price quote means.
The Gold to Silver Ratio Explained: What It Measures and Its Historical Range
The gold to silver ratio is how many ounces of silver one ounce of gold buys. It was 65.74 on Sept. 21, 2026 and has ranged from near 30 to above 120.
Copper Explained: Where It Is Used, Where It Is Mined, and How It Is Priced
A plain guide to copper: what it goes into, which countries mine and refine it, how the LME and COMEX set the price, and how miners actually get paid.
Silver in 2026: Industrial Demand, Solar, and the Supply Deficit
Silver is headed for a sixth straight deficit in 2026, per the Silver Institute, even as solar makers cut silver use per cell by 15% or more.
Central Bank Gold Buying in 2026: What the Official Data Shows
Central banks bought an estimated 345 tonnes of gold in H1 2026, led by Poland and China, while Russia and Turkey sold. Here is the data.
Copper and the AI Buildout: Data Centres, the Grid and the Supply Gap
Data centres use about 27 tonnes of copper per megawatt in one BHP case study. Here is how that sits against grid needs, IEA and ICSG forecasts and 2026 prices.
Gold Priced in Canadian Dollars: Why the Exchange Rate Matters to Producers
Gold rose 13.2% in U.S. dollars over the past year and 15.4% in Canadian dollars. A worked example of how USD/CAD moves Canadian mine margins.
What Drove Gold’s Move From July to September 2026
Gold was flat in July, rose 13.3% in August on ETF and futures buying and a softer dollar, then cooled after the Fed hiked on Sept 16.
Gold and AI: Can a Tech Boom and a Safe-Haven Metal Rally Together?
A dated look at gold, the Nasdaq and real yields in 2026: when they moved together, when they split, and the mechanisms behind each.
Uranium Has Two Prices Right Now, and They Disagree
Uranium’s spot price is flat near $86 while the long-term price sits near $94, an 18-year high. Here is why the two prices disagree and which one the industry runs on.
The μ Letter, Sunday, July 12, 2026
Bombs fell and gold went down
Silver in 2026: The Industrial and Monetary Case
Silver reached $121.62 in 2026. Inside the five-year supply deficit, industrial demand, and China’s export controls on the white metal.
Gold in 2026: What Is Driving the Rally to Record Highs
Gold hit $5,595 in 2026. A look at central bank demand, the weaker dollar, and why mining equities still trade below their margins.
Gold Is Moving. The Next Phase of the Resource Cycle
Over the past quarter, gold and silver prices have reminded investors why natural resource investments still matter.Other categories
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