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Market Insights: Commodities Quarterly Outlook with Hedley Widdup of Lion Selection Group

Bell Direct
January 22, 2025

Dive into the latest commodity trends with our Market Analyst Grady Wulff’s quarterly chat featuring Lion Selection Group (ASX:LSX) CEO, Hedley Widdup.

Gold’s 2024 Performance – What’s Next?
Gold dazzled in 2024, reaching record highs of US$2,697/oz. Can this momentum continue with Trump back in office? Hedley sees strong tailwinds ahead, fuelled by:

  • inflation concerns and geopolitical uncertainty
  • robust demand from China and promising production from Northern Star Resources (ASX:NST) and Newmont Corporation (ASX:NEM).

Silver & Copper: Bright Spots in 2025

  • silver surged 37% YoY, driven by its pivotal role in green energy technologies like solar panels and EVs
  • copper continues to rise, with 5.4% annual growth powered by the energy transition, digitalisation, and Asia-Pacific demand leadership.

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Thank you & see you in 2022

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