⛏ Deutsche Bank lifts gold price forecast to $4,000

Federal Reserve cuts interest rates for first time this year
The Federal Reserve cut interest rates by a quarter percentage point Wednesday, its first reduction of 2025, and projected two more cuts for the rest of this year. The central bank voted in a split decision to cut its benchmark interest rate to a range of 4.00% to 4.25%. The 25-basis point cut marked the first time the Fed has eased rates since last December. Read on »

Deutsche Bank lifts gold price forecast to $4,000
Deutsche Bank has raised its 2026 gold price forecast to $4,000/oz., citing continued central bank demand, a falling US dollar and rising uncertainty over the Federal Reserve’s independence. In a note to clients, analysts led by Michael Hsueh said that the recent rally in gold still has “further headroom to run,” lifting their previous forecast of $3,700 by a further $300 (or 8%) on average for next year. Read on »

Rare Earths Index Rises as Geopolitics Tightens Supply Chains
The Rare Earths MMI (Monthly Metals Index) moved sideways, but gained bullish momentum from the prior month, rising 2.15%. This comes as the rare earths market experienced numerous developments over the past 30 days, including discussions between Malaysia and China to develop new plans for rare earth processing. Read on »