This week Helen Amos is joined by commodities analyst, George Heppel. They discuss new frameworks for thinking about long term commodity prices, how investors are viewing gold even after its explosive rally, and what big deficits in copper, platinum and silver could mean for prices.

BMO clients can view our reports here:

Q4 2025 Metals & Bulk Commodity Price Update: A Sanctuary in the Storm

Upgrading the Long Term: Drilling in on Gold, Copper, and Iron Ore

Click here for transcript

To access our full disclosures, please visit: https://research.bmo.com/public/disclosures