The long view: Commodities and the demand for electricity

Oil, gold, and more electricity

The race for AI sovereignty and the need for energy security have brought commodities to the forefront of investors' dialogue. What role can these assets play in portfolios over the long run? Where can investors access the most dynamic opportunities? PGIM, GMO, and others weigh in on the current commodity landscape.

Once Again, Commodities Are Being Overweighted (J. Safra Sarasin)

As commodity prices drop, should commodity allocations increase?

The Power Play: Is Fusion Nearing a Kitty Hawk Moment? (PGIM)

For compliance reasons, this paper is only accessible in certain geographies

How fusion power could make the national grid better equipped to meet forecasts for intense electricity demand.

The Race for Critical Materials & the Shift to Security (S&P Dow Jones Indices)

How can investors track demand for critical materials and the evolving supply landscape?

Gold in a Fragmented World: Drivers, Risks and Historical Context (Barclays)

Reassessing exposure to gold after heightened volatility? Some factors to consider.

Is the Gold: Silver Ratio Relevant Today? (The Silver Institute)

What the world’s oldest exchange rate says about economic conditions in the modern era.

The Electricity Tipping Point & the Next Energy Boom (GMO)

How surging energy demand could create opportunities for investment in often-overlooked industries.

Energy Security: How the Middle East War Impacts Investors (MFS)

For compliance reasons, this paper is only accessible in certain geographies

Is the conflict in Iran a short-term commodity event or an energy-system shock with long-term effects?

Global Critical Minerals Outlook 2026 (IEA)

Recent trends, and the actions needed to build resilient and diversified critical mineral supply chains.

Agricultural Outlook 2025‑2034 (OECD)

What forces are impacting the outlook for global agricultural productivity and commodity prices?

From Energy to Metals: Why to Still Diversify Into Commodities (Goldman Sachs)

How commodities can help diversify risks under different circumstances—the drivers of which are expected to continue.

Commodities: An Overview of the Asset Class (Marquette Associates)

With commodities back in focus, what are the dynamics, drivers, and risks of this asset class?