While gold and silver dazzled and stole the limelight, copper also delivered strong returns last year. While copper underperformed gold and silver, speculation is rife that it could deliver in 2026 the kind of returns that gold and silver saw in 2025. Ore-grade deterioration, ageing assets, ESG-related permitting delays, geopolitical risk, and years of under-investment have left copper supply structurally inelastic. According to Joshi, matching gold and silver’s 2025 returns in 2026 is possible but not automatic. Gold and silver protect and preserve wealth during uncertainty, while copper compounds value through economic expansion.

Source: Mint January 02, 2026 07:18 UTC