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Market

Gold & Silver

High-Performing Commodities:

  • Gold

    In 2025, JP Morgan recorded that global gold prices had surged by 65% due to strong demand, while market supply increased by only around 1.5–2% per year1 marking the metal’s strongest annual performance in nearly half a century. 2

    Geopolitical tensions kept uncertainty high. Trade disputes and tariff policies revived inflation concerns. At the same time, the U.S. dollar weakened by about 10% against a basket of major currencies, making gold cheaper for overseas buyers. 2

  • Silver

    Silver has entered a new regime: After decades of trading in gold's shadow, the white metal has emerged as one of 2025's strongest-performing assets, driven by forces that extend far beyond traditional safe-haven demand.3

    Unlike most commodities, silver's supply-demand imbalance is not cyclical; it is structural and deepening. The silver market is on track for its fifth straight supply deficit, with the cumulative 5-year market deficit projected to reach 820 million ounces, equivalent to an entire year of global mine production. 3

*Click to Expand Image

Source 1: IDN Financials – Old ETFs hit record high, JP Morgan warn risk, alternative investment – Link
Source 2: USA Today – Gold Heads Into 2026 Near Record Highs – Link
Source 3: Crux Investor – Why Silver Represents One of 2025’s Most Compelling Investment Opportunities – Link
Chart Source: Voronoi – Gold-to-Silver Price Ratio Reaches Record High in May 2025 – Link

Gold & Silver

Let's Talk Numbers:

Silver

Projected Growth:

The Oregon Group, a commodities and critical-minerals research platform, has released a new silver price outlook analyzing whether silver prices could reach $150 per ounce in 2026, amid tightening supply, rising industrial demand, and renewed investor interest in precious metals.

Silver Source: The Newswire – Silver Price Forecast 2026: The Oregon Group and Anthony Milewski Examine Whether Silver Can Reach $150 – Link

Gold

Projected Growth:

Looking ahead, the 2026 and 2027 outlook for the metal remains bullish. Prices are expected to push toward $5,000 per ounce by the fourth quarter of 2026, with $6,000 per ounce a possibility longer term.

Central bank and investor demand for gold is set to remain strong, averaging 585 tonnes a quarter in 2026.

Gold Source: J.P. Morgan –Will gold prices break $5,000/oz in 2026? – Link

Gold & Silver

Have Intrinsic Value:

Unlike paper currency or digital assets, gold and silver have real, intrinsic value. They’re not dependent on a central bank or a government to maintain their worth — they are rare, tangible, and universally recognized forms of wealth.

Gold is prized for its durability, malleability, and natural beauty. It doesn’t tarnish or corrode, which makes it ideal for, jewellery investment bullion, and industrial use.

Silver has both monetary and industrial value, playing a key role in electronics, solar panels, and medical applications
— all of which keep demand high.

Gold & Silver Source: Why Gold and Silver Are So Valuable in Today’s Market? – Link

Antimony Market

2023
1.1 B

The global antimony market size was estimated at USD 2.17 billion in 2023.

2030
2.3 B

The Antimony market is projected to reach USD 3.30 billion by 2030, growing at a CAGR of 6.1% from 2024 to 2030.

5.1 %

CAGR:

6.1% CAGR

Key Market Drivers:

  • Asia Pacific was the largest revenue generating market in 2023.

  • By type, trioxides held the largest revenue share of the antimony market in 2023.

  • By application, flame retardants held the largest revenue share in 2023.

Source: Grandview Research – Antimony Market – Link

High Grade Antimony's Strategic Importance

Antimony (Sb), often found as stibnite, is a crucial pathfinder element for locating silver (Ag) and gold (Au) deposits, especially in epithermal and mesothermal veins, because it precipitates in similar, slightly cooler geological environments.

It serves as a large-scale anomaly marker that helps focus exploration towards high-grade, narrow-vein precious metal deposits. 1

Antimony’s Exploration Value

Antimony (Sb) is a valuable pathfinder element in mineral exploration because it forms a broad geochemical halo that often extends much wider than the gold (Au) or silver (Ag) mineralization itself.4

Case Study:

01

Evergold Corp.’s DEM Project (BC):

High-grade antimony (up to 8.37% over 0.5m) was identified, which led to significant gold and silver discoveries.2

Case Study:

02

Honey Badger Silver’s Plata Property:

A 2.3 km x 1 km antimony anomaly highlighted gold-silver-lead-zinc mineralization in the Inferno zone.3

Antimony

A Pathfinder Element to Gold & Silver

Source 1: Antimony’s Significance as a Critical Metal – Link
Source 2: Evergold Corp. – DEM Project – Link
Source 3: Honey Badger Silver –  Link
Source 4: T&F Online – Geochemical halos around gold-antimony mineralization – Link

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