Rio Tinto-Glencore Merger Talks Signal Mining Consolidation as Gold Hits $4,200 Record
Gold futures surged past $4,200/oz in November 2026, marking the best performance since 1979, as mining giants Rio Tinto and Glencore explore merger discussions. Critical minerals supply chains face constraints from China's 60% antimony production control and uranium market tightening. Investment flows shifted toward precious metals amid equity market weakness.
ViaNews Editorial Team (Finance)•