Gold prices are falling – build up your holdings

There are many exploration companies that are on the verge of a preliminary economic assessment, a feasibility study, or a pre-feasibility study. However, their gold deposits are often still valued at a very low gold price, similar to 2010 or 2011. Yet gold is roughly twice as expensive today. As a result, mergers and acquisitions could increase, as many large corporations need to replenish their reserves. It might now be worthwhile to turn one’s attention to second-tier gold companies.

The gold price is caught between conflicting scenarios. On the one hand, the risks surrounding the Strait of Hormuz are boosting gold’s appeal as a safe haven and hedge against inflation. On the other hand, high oil prices are linked to expectations of higher interest rates, which is not conducive to the gold price. If the upcoming consumer price index report reinforces expectations that interest rates will remain high for longer, this could put further pressure on the gold price. A stronger U.S. dollar would also be expected. However, investors should focus on the big picture, and that is positive.

It is U.S. monetary policy that will largely determine the fate of the gold price – at least as long as no major geopolitical events occur. It is most likely that the gold price will remain somewhat volatile in the near future. The situation would likely be different if expectations of imminent interest rate cuts were to rise. Supporting factors for gold include increasing purchases by central banks, high global debt levels, and political uncertainties.

U.S. GoldMining – https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ – is focused 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, and the exploration program is even ahead of schedule.

Fury Gold Mines – https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ -, which is well-financed, holds a gold and mineral exploration portfolio totaling over 157,000 hectares in Québec. In addition, the company owns 11.3 million common shares of Dolly Varden Silver Corp. Encouraging drill results were recently reported from the Eau Claire project (for example, 11.74 grams of gold per ton of rock over 6.63 meters), which is being advanced toward a feasibility study.

Current company information and press releases from Fury Gold Mines (-  https://www.resource-capital.ch/de/unternehmen/fury-gold-mines-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: Fury Gold Mines, U.S. GoldMining,

https://www.youtube.com/watch?v=mW0qvqwHp54;

https://www.kitco.com/news/article/2026-06-08/gold-holds-near-4330-oil-pares-iran-israel-risk-premium-kitco-pm-report;

https://www.kitco.com/news/article/2026-06-08/gold-could-test-4000-support-inflation-risks-loom-long-term-bullish-outlook;

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 ≥ 5% in SRC: no. Update Policy: no obligation to update. No guarantee regarding the German translation. Only the English version of this news release is authoritative.

Disclaimer: The information provided does not constitute a recommendation or advice of any kind. Please be aware of the risks associated with securities trading. assumes no liability for any damages arising from the use of this blog. We would like to point out that investments in stocks, and particularly in warrants, are inherently risky. The total loss of the invested capital cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given as to the accuracy of any content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein is derived from sources deemed reliable but in no way claims to be accurate or complete. Based on court rulings, I am jointly liable for the content of linked external sites (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 – 312 O 85/98) unless I expressly distance myself from them. Despite careful monitoring of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG, available at:  https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.