Market Commentary

Why Tungsten Is the Most Overlooked Trade in the Market Right Now

China controls the supply, the West needs it, and prices are proving it

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Tickers: $ALM, $EQR.AX, $GMTL, $FWZ.V, $TUNG.CN

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Tags: China, Semiconductors

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Article

Why Tungsten Is the Most Overlooked Trade in the Market Right Now

China controls the supply, the West needs it, and prices are proving it

GoingToADollar
GoingToADollar
Apr 2, 2026 · 1 min read
Why Tungsten Is the Most Overlooked Trade in the Market Right Now
GoingToADollar
GoingToADollar
Apr 2, 2026 · 1 min read

Over the past few months, our focus has largely been on precious metals. But in a market like this, things shift quickly, and getting too attached to one sector is how opportunities get missed. We are in the business of making money, not picking favourites. While we still think there is a lot more upside left in gold and silver, it would be doing ourselves and you a disservice if we did not evolve with the market and stay on the prowl for the next best setups. That brings us to tungsten. You have probably been hearing more about it lately, and for good reason.

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