Why Greenland is less Golden Dome and more gold rush for rare earths

Greenland isn’t about missile defense but rare earths. Discover why critical minerals, China, and geopolitics are driving a new global gold rush.

The Week in Markets

Gold and silver hit new records as geopolitics rattles markets again

Precious metals staged one of their strongest rallies in years as geopolitics and policy risk drove investors toward hard assets. Gold rose more than 8% on the week, pushing toward $5,000/oz, its strongest weekly gain since 2020, while silver broke above $100/oz for the first time.

UBP - Union Bancaire Privée said geopolitical tensions around Greenland, Venezuela and Iran have ushered in a period of “resource nationalism”, leaving gold as one of the few “naturally convex” assets.

The Carlyle Group highlighted central-bank buying and hoarding behaviour as key drivers, arguing gold prices are now being driven less by inflation and rates, and more by anxiety, de-dollarisation and strategic stockpiling.

Latest Outlooks

Equity outlook: A positive set-up

Bullish equity outlook for 2026: easing monetary policy, strong emerging markets, AI-driven growth—plus the key geopolitical risks to watch.

Q1'2026 Market Outlook | Year of Recalib(e)ration

As we enter 2026, the starting point of the year will be a demanding one. Valuations across major markets are elevated and market leadership has become increasingly narrow. This calls for disciplin...

Venezuela Regime Change: Market Implications and Investment Outlook

The U.S. capture of Nicolás Maduro signals a major geopolitical shift. Explore what this means for oil, debt markets and global investing.

Fixed-Income Outlook 2026: Bedrock and Balance

2025 was a banner year for bonds. We think more of the same is in store for 2026. Fixed income enters 2026 from a position of strength. Returns in 2025 were solid across sectors, supported by de...

Long-Term Capital Market Assumptions

The 30th annual edition explores how rising economic nationalism and fiscal activism create both challenges and silver linings for investors. Technology adoption will provide a near-term boost to p...

Capital Market Assumptions

Why a new economic regime calls for a reassessment of risk and rewards

PNC Healthcare: Capital Markets Update - September 2025

Explore market data and capital markets trends for nonprofit healthcare providers as the economic backdrop and interest rate outlook evolves.

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