The advances mirror a powerful rally in metals markets, where gold, silver, copper and aluminum are climbing on what traders describe as a debasement trade.
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Moneycontrol26-01-2026, 09:09

Asian Mining Stocks Surge as Investors Flock to Hard Assets Amid Global Risks

  • Asian mining stocks, including Korea Zinc Co. and Zhongjin Gold Corp., saw significant gains.
  • The rally is fueled by rising metals prices, with gold, silver, copper, and aluminum all climbing.
  • Investors are shifting from currencies and Treasuries to hard assets due to a weakening dollar, geopolitical tensions, and global fiscal risks.
  • Societe Generale SA's Frank Benzimra notes this as a long-term trend, driven by diversification from US assets, increased defense spending, and AI-related demand for base metals.

Why It Matters: Asian mining stocks are soaring as investors seek safety in hard assets amidst global economic uncertainties.

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