The price of gold and volatility

Advertisement/Advertising – This article is distributed on behalf of GoldMining Inc. and Miata Metals Corp., with whom SRC swiss resource capital AG has paid IR advisory agreements. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: January 02, 2026, 11:30 a.m. Zurich/Berlin

In 2025, the volatility of the gold price increased. However, it now appears to have normalized, meaning that gold is no more volatile than many other asset classes. As the World Gold Council has recently investigated and determined, volatility is back within the long-term average range. This means that gold continues to reduce overall risk when added to a diversified portfolio.

2025 was marked by uncertainty. Tariffs, inflation and geo-economic tensions were the order of the day. These uncertainties and risks fueled volatility in general. As a result, equities in particular became more volatile when tariffs were first announced. However, from today’s perspective, volatility is returning to its usual average levels. According to the World Gold Council, the volatility of the gold price is now well below the level seen in previous periods with similarly strong price developments.

Overall, there have been short-term spikes in the gold price this year. However, these have always quickly returned to normal. Gold therefore has a resilience that is positive for portfolio diversification. If five percent of the portfolio consists of gold, this reduces the overall risk of the portfolio by just under five percent. This argues in favor of adding gold to the portfolio. The value of gold companies should not be neglected either. They benefit from leverage on rising gold prices, which we should see again in 2026.

GoldMining – https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ – has large gold and copper projects in North and South America. The 100 percent company-owned Crucero project in Peru has significant antimony mineralization in addition to gold.

Miata Metals – https://www.commodity-tv.com/ondemand/companies/profil/miata-metals-corp/ – has interests in two promising gold projects (Sela Creek, Nassau) in Suriname, South America, with the option to acquire a 100 percent interest. The current interest is 70 percent. Sela Creek is currently delivering very good drilling results.

Current company information and press releases from Miata Metals (- https://www.resource-capital.ch/en/companies/miata-metals-corp/ -) and GoldMining (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -).

Source:

https://www.gold.org/goldhub/gold-focus/2025/12/you-asked-we-answered-golds-appeal-fading-rising-vol.

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.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly draw attention to the risks involved in securities trading. No liability can be accepted for any damage arising from the use of this blog. We would like to point out that shares and, in particular, warrant investments are generally associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the accuracy of all content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but does not claim to be accurate or complete. Due to court rulings, the content of linked external sites is also our responsibility (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 – 312 O 85/98), as long as we do not expressly distance ourselves from them. Despite careful content control, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of SRC swiss resource capital AG, which is available at https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.