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Commodity prices are largely expected to fall in 2025 due to a sluggish global economic outlook and a resurgent dollar, but gold and gas prices are poised to rally this year, according to industry experts.
Commodities had a mixed 2024: While investors flocked to gold to hedge against inflation, commodities such as iron ore fell as the world’s largest consumer of metals, China, struggled with tepid growth. The story this year is likely to be the same.
6 January ’25 CNBC.com
On Tuesday, gold hit a new all-time high of $2,670 an ounce, continuing a remarkable rally that’s seen the precious metal gain over 27% since the start of the year. If 2024 ended today, it would mark the best year for gold since 2010, when the asset finished up nearly 30%.
Despite the momentum, many investors still aren’t paying attention to what I consider to be one of the most obvious opportunities in the market today: gold stocks.
27 September ’24 Yahoo.com
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Omega Minerals PLC
Incorporated in England (reg. number 11073509)
85 Great Portland Street, Floor 1,
London, England, W1W 7LT
Tel: 020 3883 5845