2026 – a new golden year

Advertisement/Advertising – This article is distributed on behalf of Osisko Development Corp. and Gold X2 Mining Inc., with whom SRC swiss resource capital AG has paid IR consulting agreements. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: Dezember 2, 2025, 4:20 p.m. Zurich/Berlin

According to forecasts, the tailwind for the gold price will come primarily from interest rate cuts by the Fed and purchases by central banks. Interest rate cuts usually fuel inflation, which is good for gold, as gold investments then become more attractive. Added to this is the never-ending demand from private investors, inflation, the tariff issue, and concerns about the US economy. In any case, a continuation of the gold rally will please investors and gold companies alike.

And it should not be too late for newcomers either. In fact, gold is still underinvested. Interestingly, the market for gold ETFs is around 70 times smaller than the market for US government bonds. This fact creates potential for the gold price. Gold is a remedy for fiat currencies that are losing value. Central banks are hedging with gold, and this trend is increasing rather than decreasing.

China is particularly active in this regard. China would certainly like to take over global leadership from the US. To do so, China must back its currency reserves with gold. Western industrialized countries have secured 60 to 70 percent of their reserves. China is estimated to be at only ten percent. The country’s demand for gold should therefore remain high. Expectations of an interest rate cut by the Fed are currently growing again (now 88 percent) and the US dollar is weakening.

Chart technicians see a technical pattern in the precious metal that points to an immediate resumption of the upward trend. The signs are therefore good for rising gold prices and thus for well-positioned gold companies.

Gold X2 Mining – https://www.commodity-tv.com/ondemand/companies/profil/gold-x2-mining-inc/ – owns the advanced Moss Gold Project (gold, silver, copper) in Ontario. Wholly owned, the project is equipped with excellent infrastructure and boasts very good drilling results. Gold X2 Mining has just acquired Kesselrun Resources.

Osisko Development – https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ – owns, among other things, the flagship Cariboo Gold project (Canada, 100 percent). Production at Cariboo (approximately 190,000 ounces of gold per year over ten years) is scheduled to start in 2027.

Current company information and press releases from Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -) and Gold X2 Mining (- https://www.resource-capital.ch/en/companies/gold-x2-mining-inc/ -).

Sources:

https://www.gold.org/goldhub/gold-focus/2025/12/weekly-markets-monitor-season-be-tank-full;

https://finance.yahoo.com/news/why-gold-prices-could-soar-231852666.html?fr=sycsrp_catchall.

In accordance with Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of Regulation (EU) 2016/958 (MAR), we hereby disclose that authors/employees/affiliated companies of SRC swiss resource capital AG may hold positions (long/short) in issuers discussed. Remuneration/relationship: IR contracts/advertorial: Own positions (author): none; SRC net position: less than 0.5%; issuer’s stake in SRC ≥ 5%: no. Update policy: no obligation to update. No guarantee for the translation into German. Only the English version of this news release is authoritative.

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