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This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and do the week's grocery shopping. 🛒

📝 Here are the highlights

💪 Gold Gains Ground

🧐 Tariffs Distort Metals

🐦 GAME-CHANGER FOR THIS PROJECT GENERATOR

📌 Daily Commodity Prices

💪 Gold Gains Ground

Gold prices rose over 1% today, supported by a weaker U.S. dollar, looming tariff hikes after the July 9 deadline, and growing uncertainty over America’s fiscal future.

Spot gold reached $3,347.42 per ounce, while U.S. futures climbed to $3,359.30, as investors sought safety amid trade tensions and political instability. The dollar dropped to its lowest level since early 2022, making gold more attractive to foreign buyers.

Markets are also closely watching an upcoming vote on Trump’s proposed tax cuts and spending bill, as well as key U.S. labour data this week. Silver and palladium also firmed, while platinum edged lower.

🧐 Tariffs Distort Metals

Copper prices on the London Metal Exchange (LME) have risen 12% in the first half of 2025, driven by a skewed global supply chain after former U.S. President Donald Trump’s tariff announcements earlier in the year, which caused a surge in U.S. demand and shortages elsewhere.

Despite copper’s gains, second only to tin, the rest of the LME industrial metals remain sluggish, still reeling from the broader trade disruption and geopolitical uncertainty.

Precious metals have benefited from the turmoil, but concerns over the negative impact of tariffs on global manufacturing continue to weigh heavily on base metals.

📰 In Other News

🐦 GAME-CHANGER FOR THIS PROJECT GENERATOR

Happy Speculating!

The Editor

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