The ongoing US government shutdown (as of this writing) has created strange bedfellows of the various commodity complex sectors and markets early Monday morning. With the US dollar index firming overnight, all three Kings of Commodities were in the green to start the day and week. More News from Barchart Plug Power Stock is Up 287% Since This Insider Buy, and Here’s What PLUG Options Are Telling Us Now Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive m ...

Gold (GC=F) futures opened at a record $3,983 per ounce on Tuesday, up 0.9% from Monday’s close of $3,948.80. The price of the precious metal surpassed $4,000 briefly in early trading before retreating. On Monday, analysts at Goldman Sachs predicted gold would reach $4,900 per ounce by December 2026. A previous Goldman Sachs outlook targeted $4,300 by the end of next year. The updated forecast identified a weaker dollar and gold’s safe-haven status as factors behind the precious metal’s surge this year. C ...

Core Points - Norsemont Mining Inc. has successfully closed a non-brokered private placement of 3,500,000 share purchase warrants at an issue price of CAD $0.10 per Warrant, raising gross proceeds of CAD $350,000 [1][3] - Each Warrant allows the holder to purchase one common share at a price of CAD $0.59 for a period of five years, with potential for acceleration of expiry if the share price exceeds CAD $1.00 for 10 consecutive trading days [2][3] - The proceeds from the Offering will be used for general working capital and mineral exploration of the Choquelimpie Gold-Silver-Copper project [3][7] Company Overview - Norsemont Mining owns a 100% interest in the Choquelimpie project in northern Chile, which has an initial mineral resource estimate of 2,184,000 indicated gold equivalent ounces and 557,000 inferred gold equivalent ounces [7] - The Choquelimpie project has over 1,700 drill holes and significant existing infrastructure, including roads, power, water, camp, and a 3,000-tonne-per-day mill [7] - The company is committed to responsible and sustainable resource development, utilizing modern exploration techniques to enhance shareholder value [7]

Core Insights - The U.S. is not expected to become China's main supplier of soybeans, as China is currently seeking to fill its needs with U.S. soybeans until Brazil's next harvest [1] - The National Soybean Index reached its lowest monthly close at the end of September since August 2020, indicating ample supplies relative to demand [2] - The government shutdown has led to a lack of reporting from the USDA, creating uncertainty in the market and allowing China to potentially buy soybeans under the radar, similar to actions taken in 2018 [5][7] Market Trends - The agricultural markets are experiencing a quiet period, with livestock futures showing significant losses [4] - Basis is weak for both corn and soybeans due to increased supplies during harvest time, with producers selling soybeans while holding corn [8][12] - The cash cattle market is seeing pressure, with cutout values dropping significantly, indicating a potential shift in investor interest towards markets with a more bullish supply and demand outlook [16][18] External Factors - Gold prices are reaching record highs, driven by concerns over inflation and a growing lack of confidence in the U.S. economy, as central banks continue to buy gold as a safe haven [13][14] - The ongoing government shutdown is contributing to market uncertainty, impacting investor sentiment and trading behavior [15]

Core Viewpoint - Collective Mining Ltd. has announced a bought deal offering of 5,270,000 common shares at C$19.00 per share, aiming for gross proceeds of approximately C$100 million, with a potential increase to C$115 million if the over-allotment option is fully exercised [1][2] Group 1: Offering Details - The offering is expected to close on or about October 8, 2025, pending necessary regulatory approvals [1] - The underwriters have an over-allotment option to purchase an additional 790,500 common shares for 30 days post-closing [1] - The common shares will be offered through a prospectus supplement and private placements in Canada, the U.S., and other jurisdictions [3] Group 2: Use of Proceeds - The net proceeds from the offering will be used to fund ongoing work programs at the Guayabales Project, explore other opportunities, and for general corporate purposes [2] Group 3: Company Overview - Collective Mining Ltd. is a gold, silver, copper, and tungsten exploration company with projects in Caldas, Colombia, and has options to acquire 100% interest in two projects within an established mining camp [7] - The flagship Guayabales Project features the Apollo system, which is characterized by large-scale, bulk-tonnage, and high-grade mineralization [8] - The company is conducting its largest drilling campaign in history at the San Antonio Project, located near the Guayabales Project, to seek new discoveries [9] Group 4: Shareholder Alignment - Management, insiders, and a strategic investor own 44.5% of the outstanding shares, indicating strong alignment with shareholders [10]

Market Overview - U.S. stocks experienced a decline, with the Dow Jones falling over 100 points, down 0.30% to 46,174.85, NASDAQ down 0.28% to 22,527.13, and S&P 500 down 0.18% to 6,649.20 [1] - Information technology shares increased by 0.7%, while energy stocks decreased by 1.6% [1] Economic Indicators - The Chicago Business Barometer fell to 40.6 in September from 41.5 in the previous month, below market expectations of 43 [2][11] - The Dallas Fed's general business activity index dropped 12 points to -5.6 in September [9] - U.S. job openings rose by 19,000 to 7.227 million in August, up from a revised 7.208 million in the previous month [9] Commodity Market - Oil prices decreased by 1.2% to $62.71, while gold prices increased by 0.7% to $3,881.10 [4] - Silver prices fell by 0.2% to $46.905, and copper prices dropped by 0.7% to $4.8580 [4] European Market - European shares were mostly higher, with the eurozone's STOXX 600 gaining 0.20%, Spain's IBEX 35 Index rising 0.79%, and London's FTSE 100 increasing by 0.28% [5] Asian Market - Asian markets closed mixed, with Japan's Nikkei 225 down 0.25%, Hong Kong's Hang Seng up 0.87%, China's Shanghai Composite up 0.52%, and India's BSE Sensex down 0.12% [6] Company News - Wolfspeed, Inc. shares surged 45% to $32.00 following a reorganization plan announcement [8] - Beneficient shares increased by 63% to $0.5950 after reporting fourth-quarter results [8] - Sunrise New Energy Co., Ltd. shares rose 50% to $1.3550 after receiving a U.S. patent for an anode material for lithium-ion batteries [8] - Firefly Aerospace Inc. shares dropped 22% to $28.63 due to a testing mishap with its Alpha rocket [8] - Etsy, Inc. shares fell 11% to $66.48 as the company announced plans to transfer its stock listing to the NYSE from Nasdaq [8] - Mingteng International Corporation Inc. shares decreased by 34% to $4.1002 [8]

Group 1 - A-share market shows a strong performance in the technology growth sector, with the Sci-Tech 50 Index rising 2% to reach a nearly four-year high, driven mainly by the semiconductor and new energy sectors [1][2] - The semiconductor industry chain and new energy track are identified as the two main lines of growth, with storage chip stocks experiencing a surge due to ongoing price increase news [1][2] - The A-share market's trading volume reached 1.37 trillion yuan, indicating a strong willingness for active trading before the holiday, with technology growth being a consensus among investors [1][2] Group 2 - The A-share market shows a divergence between large and small-cap indices, with the technology growth style prevailing, as evidenced by the Shanghai Composite Index rising 0.4% to 3878.13 points [2] - Over 2900 stocks in the market rose, with a concentration of limit-up stocks in storage chips and non-ferrous metals, indicating a shift of main funds towards technology growth sectors [2] - The Hong Kong market displays a mixed performance, with the Hang Seng Technology Index rising 0.55%, supported by the semiconductor and biopharmaceutical sectors, while the energy sector declines due to international oil price pressures [2][3] Group 3 - The semiconductor sector in the Hong Kong market has shown significant growth, with a year-to-date increase, becoming a key driver of technology growth [3] - Gold prices have surpassed $3860 per ounce, with a year-to-date increase of over 47%, leading to a strong performance in gold stocks amid rising geopolitical risks and expectations of liquidity easing [3] - The traditional financial sector in the A-share market has seen collective adjustments, with banks, insurance, and brokerage stocks experiencing notable declines due to profit-taking pressures ahead of favorable policies [3] Group 4 - The current market is in a critical phase characterized by a "policy window + industrial catalysis," with technology growth being clearly defined as the main line of investment [3] - Recommendations for investment focus on three main areas: the entire semiconductor industry chain, upstream resources in new energy, and safe-haven assets like gold, driven by geopolitical risks and global liquidity expectations [3][4] - Long-term views emphasize that "Artificial Intelligence +" and high-end manufacturing remain key areas of policy support, with sectors like semiconductors, non-ferrous metals, and defense industries benefiting from policy dividends and industrial trends [4]

Gold (GC=F) futures opened at $3,880.40 per ounce on Friday, up 1.1% from Thursday’s close of $3,839.70. On Wednesday, gold reached an all-time high of $3,891.90. The scheduled September employment report will not be released by the Bureau of Labor Statistics on Friday until the federal government shutdown ends. The jobs data will be an important gauge of the health of the U.S. labor market following the Fed’s quarter-point interest rate reduction in September. For now, analysts will rely on private data ...

Core Insights - Gold futures opened at a record price of $3,863.10 per ounce, marking the first time it has opened above $3,800, reflecting a 1.1% increase from the previous close of $3,820.90 [1][4] - The recent rally in gold prices is attributed to ongoing economic uncertainty and lower interest rates, exacerbated by a lack of budget compromise in Congress and new tariffs announced by President Trump [2][3] - Gold's appeal as a safe-haven asset is heightened in the current economic climate, especially with potential delays in key economic data releases due to a government shutdown [3] Gold Price Trends - The opening price of gold on Tuesday represents a 3.1% increase from the opening price of $3,747 one week prior [4] - Over the past month, gold futures have risen by 12.5% from an opening price of $3,432.50 on August 29, 2025 [4] - Year-over-year, gold prices have surged by 45.2% from an opening price of $2,660.90 on September 30, 2024 [4] Market Sentiment and Predictions - Analysts are generally bullish on gold, with Goldman Sachs Research predicting a price of $3,700 per troy ounce by the end of 2025, which would represent a 40% increase from the January 2 opening price of $2,633 [13] - Rising demand from central banks and uncertainty surrounding U.S. tariff policies are key factors driving the increase in gold prices [13]

Group 1 - Triple Flag Precious Metals (TFPM) has reached a record high after breaking out of a base, indicating strong performance in the gold stock sector [1] - TFPM, along with Agnico-Eagle Mines (AEM) and Kinross Gold (KGC), is leading the IBD Sector Leaders list, showcasing the strength of these gold stocks [1] - The fundamentals and robust chart of TFPM have contributed to its inclusion in the IBD 50, highlighting its investment potential [1] Group 2 - A gold streaming company reported a profit growth of 118%, indicating significant financial performance in the gold sector [2] - The gold stock is currently in the buy zone, suggesting favorable conditions for potential investors [2] - The overall market sentiment is positive, with various gold stocks showing strong gains and attracting investor interest [4]