Gold industry sees price rising to $5,013 an ounce over next year
LBMA officials predict gold will reach $5,013 an ounce within a year, with silver, platinum and palladium also forecast to rise sharply amid rate concerns and geopolitical tensions.
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GoldRate Desk
Summaries produced by the GoldRate.info market desk from primary reporting, with sources linked on every article.
Sun Summit drills high-grade gold at JD Project, extends Creek Zone
Sun Summit Minerals reports assay results from 13 holes at the Creek Zone, including 23.5m of 4.35 g/t gold, extending mineralization 100m along strike. Results support a planned resource estimate in Q1 2027.
Cathie Wood predicts Bitcoin at $1.5 million, says it will outperform gold
ARK Invest CEO Cathie Wood predicts Bitcoin could reach $1.5 million by 2030, outpacing gold, as institutional adoption and AI drive demand. Her bullish stance contrasts with Warren Buffett's scepticism.
Gold’s 26% correction improves entry point, says Tata MF
Tata Mutual Fund notes gold has corrected 26% from its 2026 peak, potentially improving the entry for long-term investors, while cautioning against short-term timing.
Gold slides to $4,110 support as resistance caps recovery attempts
Gold dropped to $4,110 after failing to stay above $4,250. A bearish trend line and moving averages cap recovery. Key resistance at $4,260; support at $4,080.
Gold bounces from two-month low but upside looks limited
Gold rose above $4,150 in European trade on Tuesday, bouncing from a two-month low near $4,100. A pause in the dollar’s rally and receding Fed rate-hike bets offered support, but headwinds persist.
Cambria targets late 2027 restart of Premier gold mill
Cambria Gold Mines has set a new target of late 2027 to restart the Premier gold mill in northern British Columbia, after its first production ramp-up was derailed by insufficient underground feed.
Frank Giustra says gold rally missing retail investors, more room to run
Frank Giustra says ordinary investors have not joined gold's rally, leaving room for further gains as central banks buy on dips.
Gold trades flat near $4,140 as yields rise but rate hike bets cool
Gold traded flat near $4,140 on Tuesday as a stronger US dollar and elevated yields were offset by reduced expectations of a Federal Reserve rate hike this month after weak payrolls data.