YTD return:

🥇 Gold: ≈ +39.1 %

🥈 Silver: ≈ +24.7 %

🥉 Copper: ≈ +20.6 %

⚗️ Palladium: ≈ +34.5 %

💎 Platinum: ≈ +45.4 %

🥇Gold:

📈Chart technicals: The uptrend is running in a clean rising weekly channel.

The all-time high at 3 500 $/oz (22 Apr.) is intact; setbacks to the 50-day EMA (~3 300 $) were absorbed each time.

Primary support zone: 3 200 - 3 100 $ - the previous breakout level. RSI > 60 confirms bullish momentum.

ℹ️Fundamental Driver No. 1: Central bank buying.

In 2025, the official sector is again targeting ≈ 1,000 t - the 4th year in a row of massive purchases, driven by de-dollarization and geopolitical hedging.

🥈Silver:

📈Chart technicals:

Despite +25% YTD, the price is still ~30% below the historic peak of $49. The multi-decade cup-and-handle formation is approaching the neckline at 36 - 37 $; a significant weekly close above it could activate a target above 75 $. Short-term supports: $34.8 (May breakout level) and $32.

ℹ️Fundamental Driver No. 1: Supply deficit.

The World Silver Survey reports a shortfall of 149 Moz in 2024; a further 118 Moz is expected in 2025 - largely due to solar and e-mobility demand, while 70% of production is by-product.

🥉Copper:

📈Chart technicals:

On July 8, the "blue-sky breakout" to 12 526 $/t (5.68 $/lb) took place. Volume spike and weekly RSI > 70 confirm strength. The former top band 10 500 - 10 800 $/t now serves as key support; a retest to ~11 000 $ would be technically sound without breaking the uptrend.

ℹ️Fundamental driver no. 1: Structural scarcity.

UNCTAD warns: By 2030, around 80 new mines and $ 250 bn CapEx would be needed to meet demand from the energy transition, data centers and e-mobility - otherwise the market deficit will persist.

This is where I am currently positioned:

🥇Gold:

$EWG2 (+0%)

$IGLN (-0,09%)

$SPGP (-1,38%)

$GDXJ (-0,71%)

$BTO (+0,32%)

$FF (-5,51%)

🥈Silver:

$PHAG (-0,7%)

$FR (-1,92%)

🥉Copper:

$COPA (+0,25%)

$HBM (-0,78%)

$ATYM (+0,91%)

❓Do you see a continuation of the bull market in metals and are you positioned accordingly?

Hello,

I am in the process of changing my portfolio, and thought I would allocate about 7k to a small ETF portfolio.

I have 65% of portfolio in Funds, 50% Ibex, 50% MSCI, so both regions are well covered.

On the ETF side, I thought about this particular allocation:

ETF emerging countries + Asia. $EIMI (+1,24%)

ETF Europe $SMEA (-0,58%)

Gold ETF $IGLN (-0,09%)

ETF Defense + Aerospace. $IVDF (-0,31%)

I will try to balance at 25% each fund, and use a monthly plan to periodically contribute according to performance.

Any ideas for improvement?

Thanks

Apart from the current standard reasons "geopolitical uncertainties, expectations of interest rate cuts, weakening US dollar", I can't think of any 🤷‍♂️

$PHAG (-0,7%)

$IGLN (-0,09%)

$EWG2 (+0%)

$SPGP (-1,38%)

$GDXJ (-0,71%)

$FR (-1,92%)

$FF (-5,51%)

$BTO (+0,32%)

hello everyone, I was thinking about investing with leverage, 5x or 10x on gold $GLDA (-0,03%) , without knockout, what do you think?

in my opinion it's a good investment, because now from April 2 Donald Trump will put more tariffs on Europe and China what for, there will be a small recession especially in America, people will pay more for the same good they used to pay less, what for, the levels de$IGLN (-0,09%) will rise (?)

#gold
#oro

#trump
#usa
#eu
#tariffs
#leverage
#recession
#us

Heyho dear Getquin Community,

I have two three amateurish questions.

I've been saving €100 a month for a good two years now. $VWCE (-0,14%) (I'm a student, so the savings rate isn't too high - but it should be increased gradually over an investment horizon of 40 years)

Now, as suggested in some of the posts here, I would invest 15-20% each in gold $BTC (-2,45%) and gold.

Here I have now repeatedly $WGLD (-0,05%) and $IGLN (-0,09%) How do the two colleagues differ and which of the two would you recommend and why?

-

(I save the ETF via ING, but I can't invest in Bitcoin or gold here, so I would have to do this separately via Scalable. But a custody account transfer for one ETF would be nonsense, wouldn't it?)