As we continue to kickoff trading in April, what is happening in the gold, silver and copper markets is quite stunning.
SPECIAL: Gold, Silver Miners – Michael Oliver’s audio has now been released discussing historic breakouts unfolding and what to expect next (LINK BELOW)! For now…
Gold & Copper Hit Record As Silver Price Highest Since 2012
April 2 (King World News) – Gerald Celente: Copper and gold are fetching record prices and silver futures are trading at levels not seen since 2012 as investors seek safe havens and U.S. manufacturers stockpile raw materials ahead of rising tariffs.
Base and precious metals have been among the fastest-growing investments in this year’s first quarter and the momentum is expected to continue as Donald Trump’s trade war gets hotter, The Wall Street Journal reported.
Last month, Trump put a 25-percent tariff on aluminum and steel imports; copper is expected to be his next metals target, the WSJ said.
Copper is an essential element across a variety of industries, from home appliances to car engines and spark plugs. It has been called “Dr. Copper” because changes in its price can diagnose the health and direction of the global economy.
Copper futures contracts on the New York Mercantile Exchange traded briefly at a record $5.24 a pound last week before easing slightly. The contracts’ values have gained about 25 percent this year. Copper closed at $5.05 at 5 p.m. U.S EDT on 31 March.
Gold, always a favorite store of value in turbulent economic times, set a new record of $3,124 per ounce on 28 March. Its price has shot up 17 percent in 2025 after setting a series of records in 2024.
Silver’s futures contracts traded as high as $34.81 an ounce last week, the highest price in 13 years. Silver is seen as a store of value but also is a key component of various alloys used in industry.
Central banks have been riding the gold rocket for more than a year and are significantly responsible for the metal’s stellar performance last year. In 2024’s final quarter, Poland bought 28.5 metric tons, with India, China, Kyrgyzstan, and Uzbekistan also ranking in the top five buyers among central banks, according to the World Gold Council.
TREND FORECAST:
This is not rocket science. The higher the tariff rates rise, the higher precious metals and other metal commodity prices will rise. However, when the equity markets crash industrial metal prices will decline as nations slump into recession… but precious metals prices will keep rising and socioeconomic and geopolitical conditions deteriorate.
Michael Oliver – Invest In This Asset In 2025 To Make A Fortune!
To find out what asset Michael Oliver says will make investors fortunes in 2025 CLICK HERE OR ON THE IMAGE BELOW.
Alasdair Macleod’s audio interview was just released discussing the upside action in gold, silver and the mining stocks and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
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