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Gold and Copper Go After New Milestone, but Congress Would Hit Formal Mining, What Does the Bcrp Say?

Summary by Gestion
Velarde: “I prefer to have half a point less growth, but don’t kill people”The terms of trade, the relationship between export and import prices, will shine this year. The Central Reserve Bank of Peru (BCRP) estimates that in 2026 the index will be at the highest level since registration. Copper and gold are a key piece. The BCRP projects that the price of copper will rise to US$5.55 per pound this year, above 2025 (US$4.51) and that of gold wil…
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Velarde: “I prefer to have half a point less growth, but don’t kill people”The terms of trade, the relationship between export and import prices, will shine this year. The Central Reserve Bank of Peru (BCRP) estimates that in 2026 the index will be at the highest level since registration. Copper and gold are a key piece. The BCRP projects that the price of copper will rise to US$5.55 per pound this year, above 2025 (US$4.51) and that of gold wil…

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Gestion broke the news in on Saturday, March 21, 2026.
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