Precious Metals of the New Era – Silver and Gold Prices Soar to Record Highs Article by SO OK TRADING – January 24, 2026

“Hormuz Strait on Fire – Global Logistics Shaken, Freight Costs Exploding” SUPPLY & DEMAND SHOCK from the Middle East | March 13, 2026 Article by SO OK TRADING When Iran closed the Strait of Hormuz and attacked merchant vessels, over 30% of the world’s oil shipping routes were instantly disrupted. Crude oil prices surged past $150 per barrel, and freight rates skyrocketed 2–3 times within days. -

Copper prices are expected to remain elevated and bullish in 2026, driven by strong demand from the green energy transition (EVs, renewables, grid upgrades) and persistent mine supply constraints/disruptions, with forecasts generally placing prices in the $10,000 to over $12,000 per tonne range, although some analysts foresee a slight cooling to $10,000-$11,000 as market balances tighten. Key factors include IRA spending, AI infrastructure needs, constrained new mine supply, and potential Chinese economic recovery, creating tight markets despite some projected minor surpluses. Key Price Predictions (2026): Goldman Sachs: $10,000 - $11,000/tonne range, averaging $10,710/tonne in H1 2026. J.P. Morgan: Averaging around $12,075/tonne, with potential spikes to $12,500/tonne in Q2. Bank of America: Average of $11,313/tonne, with potential for $15,000/tonne spikes. UBS: $11,000/tonne by Sept 2026. World Bank: Average of $9,800/tonne. Bullish Drivers: Energy Transition: Massive demand for grid expansion, EVs, and renewable infrastructure. AI Infrastructure: Increased demand for data centers. Supply Deficit: Mine disruptions (Grasberg, Kamoa-Kakula, etc.) and difficulty bringing new mines online. China: Potential economic rebound acting as a catalyst. Potential Headwinds/Volatility: Policy-induced Surpluses: E.g., from IRA incentives or scrap availability. Stronger USD: Can weigh on commodity prices. Slower Demand: If China's recovery falters. Overall Outlook: Expect a tight market with strong underlying demand, leading to high prices, but with significant volatility due to policy shifts and mine output fluctuations. The market is moving towards a structural deficit, supporting higher prices long-term

Copper Cathode is transforming from a traditional industrial metal into a “strategic metal of the AI era and clean energy.” Between 2026–2030, the world is entering a critical turning point — as data centers, EVs, and renewable energy demand copper at unprecedented levels. Meanwhile, global supply remains tight, copper prices surge to historic highs, and “Green Copper” is emerging as the new industry standard. SO OK TRADING analyzes global copper market trends and highlights Thailand’s role as ASEAN’s PCB manufacturing base and EV hub. How will this strategic metal drive the digital economy and clean energy future? — Discover the full insights in our article.