The Price of Gold – Profit-Taking, Interest Rate Concerns, Monetary Policy

Advertisement – This article is distributed on behalf of U.S. GoldMining Inc. and Southern Cross Gold Consolidated Ltd., with which SRC swiss resource capital AG maintains paid IR advisory agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: May 28, 2026, 3:15 p.m. Zurich/Berlin

Currently, the gold price is hovering around $4,400 per troy ounce, a key level. Rapid interest rate cuts are not currently on the horizon, which makes it difficult for the gold price to climb higher. On the other hand, major banks are optimistic in the long term, and central banks such as China’s continue to buy gold. Currency stabilization and greater independence from the U.S. dollar are the reasons. The Fed is likely in a dilemma. Interest rate hikes could potentially trigger a financial crisis. Interest rate cuts could further weaken the U.S. dollar.

The trend that demand in the jewelry sector declines when gold prices are high is well known. In contrast, the investment sector is strong. Gold bars and coins are in demand. Exchange-traded gold ETFs have also been seeing inflows for several quarters. On the supply side, moderate growth in mine production is expected in 2026. Production losses due to diesel shortages could counteract this. Recycling has gained some ground. Should the conflict between the U.S. and Iran drag on any longer, buybacks could increase.

Many analysts and industry experts expect gold prices to rise again by the end of the current year. Gold remains a popular choice among investors as a safe complement to riskier investments. It scores points for long-term value stability, high liquidity, and protection against inflation, even if there are short-term fluctuations. Including a few gold stocks in your portfolio can’t hurt either.

U.S. GoldMining (- https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ -) focuses on gold and copper. The company owns the promising Whistler Project (100 percent) in Alaska, which hosts significant gold and copper resources. Drilling has demonstrated the potential for new gold-copper porphyry deposits there, and the preliminary economic assessment for the Whistler project has been very positive. The 2026 drilling program has begun.

Southern Cross Gold Consolidated (- https://www.commodity-tv.com/ondemand/companies/profil/southern-cross-gold-consolidated-ltd/ -) owns the Sunday Creek project in Australia. It contains gold as well as antimony. Excellent recent drill results, such as 17.3 meters grading 22.9 grams of gold per ton of rock, indicate significant exploration potential. The drilling program covers 200,000 meters. The company’s common shares were recently added to the VanEck Junior Gold Miners ETF and the FTSE Canada All Cap Index. Drilling for an exploration adit, which has already been approved, is now expected to accelerate drilling operations.

Current company information and press releases from Southern Cross Gold (- https://www.resource-capital.ch/de/unternehmen/mawson-gold-ltd/ -) and U.S. GoldMining (- https://www.resource-capital.ch/de/unternehmen/us-goldmining-inc/ -).

For further information, please refer to our new Precious Metals Report at the following link: https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.

Sources: Southern Cross Gold, U.S. GoldMining,

https://www.fxstreet.de.com/news/goldpreis-prognose-jetzt-entscheidet-sich-alles-fallt-gold-unter-4500-us-dollar-202605270525;

https://www.gold.de/artikel/goldnachfrage-q1-2026-investments-boomen-schmuck-tiefrot/;

https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.

Pursuant to Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of the Market Abuse Regulation (MAR) (EU) 2016/958, we hereby note that authors, employees, and affiliated companies of Swiss Resource Capital AG (SRC) may hold positions (long/short) in the issuers discussed. Compensation/Relationship: IR contracts/advertorials: Author’s own positions: none; SRC net position: less than 0.5%; Issuer’s stake in SRC ≥ 5%: no. Update Policy: No obligation to update. No guarantee regarding the German translation. Only the English version of this news is valid.

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