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Hedley and Grady dive into the key themes shaping the commodities market heading into 2026, from gold’s price rally to the outlook for copper, iron ore and beyond.

Hedley & Grady discuss:

• (0:52): Drivers of the current gold price run & how far it can go
• (4:15): gold miners to watch in 2026
• (8:46): the importance of mining companies having multiple assets
• (10:22) outlook for copper with supply-demand equilibrium mismatch anticipated
• (14:06) copper names to watch in 2026
• (15:40) iron ore outlook and blue-chip mining giant diversification
• (17:12) metrics to monitor when considering mining investments in 2026
• (21:25) Hedley’s commodity ‘clock’ and what time it is in the cycle right now
• (24:00) commodities Hedley & Grady are bullish on for 2026
• (28:00) where investors have been buying recently in the commodities space
• (32:00) Hedley & Grady predict the gold price / ounce a year from now.

Note: This interview was filmed on 21 October 2025.