Desktop Broker TV

22nd January 2025

Market Insights: Commodities Quarterly Outlook with Hedley Widdup of Lion Selection Group

Dive into the latest commodity trends with our Market Analyst Grady Wulff’s quarterly chat featuring Lion Selection Group (ASX:LSX) CEO, Hedley Widdup.

Gold’s 2024 Performance – What’s Next?
Gold dazzled in 2024, reaching record highs of US$2,697/oz. Can this momentum continue with Trump back in office? Hedley sees strong tailwinds ahead, fuelled by:

  • inflation concerns and geopolitical uncertainty
  • robust demand from China and promising production from Northern Star Resources (ASX:NST) and Newmont Corporation (ASX:NEM).

Silver & Copper: Bright Spots in 2025

  • silver surged 37% YoY, driven by its pivotal role in green energy technologies like solar panels and EVs
  • copper continues to rise, with 5.4% annual growth powered by the energy transition, digitalisation, and Asia-Pacific demand leadership.