Top 3 Metals to Watch in July: Safe-Haven Shifts, Green Tech & Undervaluation

Gold, silver, and platinum are capturing attention as macroeconomic shifts redefine their roles. Fiscal strain in the U.S., a weakening dollar, and accelerating green-technology investment are driving demand for these metals, each offering distinct opportunities.

Gold remains the defensive anchor, rising 2.2% this week to $3,344/oz amid concerns over U.S. debt expansion. Analysts debate its near-term ceiling, with HSBC flagging a potential "toppy" zone while others maintain bullish year-end forecasts.

Silver's momentum continues unabated, climbing 22-26% YTD to $36.93/oz. Industrial demand—particularly from solar and tech sectors—combines with robust ETF inflows to fuel its rally. The gold-silver ratio suggests further upside potential remains.

Platinum emerges as the dark horse, buoyed by clean-energy applications and persistent undervaluation. Its industrial utility in hydrogen technologies and automotive catalysts positions it for potential re-rating as green investment accelerates globally.