Gold Market
The world’s 50 most valuable mining companies shed $264 billion in September – the second-worst month on record – as gold’s summer rally unravelled and lithium stocks nearly disappeared from the ranking.
Market analyst Ira Epstein observes a resurgence in gold, silver and copper. Silver is currently outperforming gold, while tariff changes and upcoming economic data may influence prices.
Gold remains the traditional hedge, but copper and energy markets are gaining structural relevance as demand from electric vehicles, AI, and India's energy needs reshape commodity investment.
Eldorado Gold has produced the first copper-gold concentrate at its Skouries project in Greece, with commercial production targeted for the fourth quarter of 2026.
Gold has risen 3% over the past week, while silver is gaining against gold. Copper remains stagnant and oversold. Treasury Secretary Besant's comments and geopolitical tensions are influencing the metals markets.