Gold Hits $4,200/Ounce as Critical Minerals Face Supply Crunch Amid Rio Tinto-Glencore Merger Talks
Gold futures reached $4,200/ounce, posting the best year since 1979 with over 50 all-time highs in 2025. Critical minerals including antimony, copper, nickel, and cobalt face severe supply deficits as mining production lags energy transition demand. Rio Tinto and Glencore are pursuing a potential mega-merger while Vale advances new projects to address constraints.
ViaNews Editorial Team (Markets)•