Revolutionary Development in the Copper and Gold Sector
The news of a “copper-gold fireworks” describes a significant development in the area of these two metals, which is of great interest to investors. Copper and gold are considered essential raw materials for energy supply and as a store of value in uncertain markets.
Copper: The Metal of the Future
Copper is increasingly referred to as the “metal of the future” due to the global energy transition. The rising demand is driven by electrification, e-mobility (EVs), artificial intelligence (AI), and the expansion of power grids. Experts expect a global copper demand increase of up to 70% by 2050. A key driver is the energy sector, whose copper needs are expected to rise from the current 7% to 23%. Meanwhile, mining and refining capacities are struggling with the consequences of years of underinvestment, which limits supply and increases prices and volatility.
Gold: A Safe Haven in Turbulent Times
Gold continues to benefit as a crucial store of value during economically turbulent phases. Predictions from experts like JPMorgan forecast a gold price of up to $3,000 per ounce by 2025—a rise of about 13% over the current value. Geopolitical uncertainties, inflation fears, and potential political disruptions further drive this trend. Additionally, a decline in interest rates and the US dollar could further boost the gold price.
Abitibi Metals: A Pioneer of the New Era
A notable example in this development is the company Abitibi Metals, which operates in both copper and gold mining in Quebec, Canada. Abitibi Metals is at the beginning of a strong commodity cycle with great potential for speculative investors.
Conclusion for Investors
In summary, copper and gold present significant opportunities for investors to increase value and protect against market turbulence. These metals are driven by fundamental megatrends in the global economy.