⛏ Deutsche Bank sees gold at $8,000

World Bank forecasts 24% surge in energy prices in 2026 due to Middle East war
Energy prices are expected to surge by 24% in 2026 to their highest level since Russia’s ​full-scale invasion of Ukraine four years ago, if the most acute disruptions caused by the war in the Middle ‌East end in May, the World Bank said on Tuesday. Commodity prices could rise even further if hostilities in the region escalated and supply disruptions lasted longer than expected, the global development bank said in its latest Commodity Markets Outlook. Read on »

Deutsche Bank sees gold at $8,000 in a less dollar-dependent world
In a research note published on Monday April 27, Deutsche Bank presents an ambitious thesis for gold, framing it no longer merely as a hedge against inflation or the dollar's weakness, but as a primary beneficiary of a fragmenting world. For the German bank, the era that began after the fall of the Berlin Wall - dominated by globalization, American hegemony, and the accumulation of dollar reserves by emerging markets - is coming to an end. Read on »

Nickel price rises to two-year high as supplies from Indonesia tighten
Nickel rose to the highest in almost two years, as reduced mining quotas in major producer Indonesia and a global sulfur shortage tighten the supply outlook for the battery metal. Futures in London have risen about about 7% since the start of the Iran war, which is driving a surge in prices of sulfur — a key reagent used in processing — and fueling concerns over disruptions to global mining. Read on »