May 27, 2026
Jeffrey Christian of CPM Group recently provided an assessment of gold, silver, platinum, and palladium prices, before shifting attention to copper. According to the analysis from CPM Group, the precious metals appear to be moving into a seasonal consolidation phase during the summer period.
Gold is currently trading near $4,500 per ounce, while silver remains within its established trading range. Platinum and palladium are also moving inside broader price bands.
Regarding copper, CPM Group maintains a constructive long-term outlook but is less bullish than many other market participants. Christian argued that demand drivers for copper—including construction, electrification, vehicles, power grids, artificial intelligence, and data centers—require more careful examination rather than broad enthusiasm.
The firm expects the copper market to stay tight, with refined supply failing to meet fabrication demand. However, Christian also noted that some long-term copper price forecasts may be overly optimistic.
CPM Group is a commodities research, consulting, financial advisory, and commodities management firm that provides independent research, analysis, and advisory services. Founded in 1986, the company emphasizes that its independence from banks, brokers, mining companies, and other entities ensures that its advice is free from potential conflicts of interest. Its research combines micro-economic analysis of individual commodity markets with macro-economic analysis of global trends.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- MARKET FORECAST TO 2035
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4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
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7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
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8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
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9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition
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11.1
United States
- Market Size
- Production
- Imports
- Exports
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11.2
China
- Market Size
- Production
- Imports
- Exports
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11.3
Japan
- Market Size
- Production
- Imports
- Exports
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11.4
Germany
- Market Size
- Production
- Imports
- Exports
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11.5
United Kingdom
- Market Size
- Production
- Imports
- Exports
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11.6
France
- Market Size
- Production
- Imports
- Exports
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11.7
Brazil
- Market Size
- Production
- Imports
- Exports
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11.8
Italy
- Market Size
- Production
- Imports
- Exports
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11.9
Russian Federation
- Market Size
- Production
- Imports
- Exports
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11.10
India
- Market Size
- Production
- Imports
- Exports
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11.11
Canada
- Market Size
- Production
- Imports
- Exports
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11.12
Australia
- Market Size
- Production
- Imports
- Exports
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11.13
Republic of Korea
- Market Size
- Production
- Imports
- Exports
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11.14
Spain
- Market Size
- Production
- Imports
- Exports
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11.15
Mexico
- Market Size
- Production
- Imports
- Exports
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11.16
Indonesia
- Market Size
- Production
- Imports
- Exports
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11.17
Netherlands
- Market Size
- Production
- Imports
- Exports
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11.18
Turkey
- Market Size
- Production
- Imports
- Exports
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11.19
Saudi Arabia
- Market Size
- Production
- Imports
- Exports
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11.20
Switzerland
- Market Size
- Production
- Imports
- Exports
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11.21
Sweden
- Market Size
- Production
- Imports
- Exports
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11.22
Nigeria
- Market Size
- Production
- Imports
- Exports
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11.23
Poland
- Market Size
- Production
- Imports
- Exports
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11.24
Belgium
- Market Size
- Production
- Imports
- Exports
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11.25
Argentina
- Market Size
- Production
- Imports
- Exports
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11.26
Norway
- Market Size
- Production
- Imports
- Exports
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11.27
Austria
- Market Size
- Production
- Imports
- Exports
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11.28
Thailand
- Market Size
- Production
- Imports
- Exports
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11.29
United Arab Emirates
- Market Size
- Production
- Imports
- Exports
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11.30
Colombia
- Market Size
- Production
- Imports
- Exports
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11.31
Denmark
- Market Size
- Production
- Imports
- Exports
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11.32
South Africa
- Market Size
- Production
- Imports
- Exports
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11.33
Malaysia
- Market Size
- Production
- Imports
- Exports
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11.34
Israel
- Market Size
- Production
- Imports
- Exports
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11.35
Singapore
- Market Size
- Production
- Imports
- Exports
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11.36
Egypt
- Market Size
- Production
- Imports
- Exports
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11.37
Philippines
- Market Size
- Production
- Imports
- Exports
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11.38
Finland
- Market Size
- Production
- Imports
- Exports
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11.39
Chile
- Market Size
- Production
- Imports
- Exports
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11.40
Ireland
- Market Size
- Production
- Imports
- Exports
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11.41
Pakistan
- Market Size
- Production
- Imports
- Exports
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11.42
Greece
- Market Size
- Production
- Imports
- Exports
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11.43
Portugal
- Market Size
- Production
- Imports
- Exports
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11.44
Kazakhstan
- Market Size
- Production
- Imports
- Exports
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11.45
Algeria
- Market Size
- Production
- Imports
- Exports
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11.46
Czech Republic
- Market Size
- Production
- Imports
- Exports
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11.47
Qatar
- Market Size
- Production
- Imports
- Exports
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11.48
Peru
- Market Size
- Production
- Imports
- Exports
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11.49
Romania
- Market Size
- Production
- Imports
- Exports
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11.50
Vietnam
- Market Size
- Production
- Imports
- Exports
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LIST OF TABLES
- Key Findings In 2025
- Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
- Per Capita Consumption, by Country, 2022–2025
- Production, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
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LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
- Consumption, by Country, 2025
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Production, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Production, by Country, 2025
- Production, In Physical Terms, by Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Physical Terms, By Country, 2025
- Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Physical Terms, By Country, 2025
- Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
