Everyone is waiting for higher gold prices
(PresseBox) - In June, the price of gold posted its fourth consecutive monthly loss. If sentiment turns more positive again, prices should rise.
Advertisement - This article is distributed on behalf of GoGold Resources Inc. and Osisko Development Corp., with which SRC swiss resource capital AG has paid IR consulting agreements. Producer: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: July 15, 2026, 2:20 p.m. Zurich/Berlin
After all, the precious metal’s price decline in June was the largest since October 2008. This was because oil prices fell in June while the U.S. dollar rose. Added to this were statements by the new Fed chair suggesting a tighter monetary policy. Expectations of interest rate hikes grew, which further strengthened the U.S. dollar. Investment funds sold off more gold holdings. And it wasn’t just the U.S. dollar—two-year Treasury bonds also rose. Now it all comes down to whether Fed Chair Kevin Warsh is more inclined to fight inflation or prefers to yield to pressure for lower interest rates, as the U.S. president would like.
The U.S. economy is relatively strong, yet inflation remains stubbornly high. Overall inflation in the U.S. stands at over four percent. And whatever decision Warsh makes, it will reveal the extent to which the Fed is independent. Many assume the U.S. dollar is in a long-term downward trend, as budget deficits are immense, central banks are stepping up their gold purchases, and the U.S. dollar is increasingly losing its role as the ultimate store of value. The fact that it nevertheless remains strong is counterproductive for the price of gold.
In any case, two forces are working against each other here. However, gold should increasingly establish itself as a safe reserve asset. After all, many countries are diversifying their reserves by increasingly turning to gold. While they cannot completely turn away from the U.S. dollar—because it plays a dominant role in financing and currency reserves—they are reducing their dollar reserves in favor of gold. As a result, the share of gold reserves in total global reserves has even reached about 34 percent at times, a record high.
GoGold Resources - https://www.commodity-tv.com/ondemand/companies/profil/gogold-resources-inc/ - is debt-free and produces gold and silver in Mexico. In the third quarter, the company produced 268,673 ounces of silver, 3,036 ounces of gold, 88 metric tons of copper, and 116 metric tons of zinc, for a total of 477,464 ounces of silver equivalent. This represents a 21 percent increase over the second quarter. The Parral Tailings Project is located in the state of Chihuahua. For the advanced Los Ricos South underground mining project, all necessary permits and approvals for the construction of the underground mine have been granted. With ongoing revenue, Los Ricos North and Los Ricos South can be developed optimally.
Osisko Development - https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ - owns, among other assets, the flagship Cariboo Gold project (Canada, 100 percent, fully permitted). It is located in the historic Cariboo Mining District in central British Columbia and is considered one of the best land packages in Canada. Production at Cariboo (approximately 190,000 ounces of gold annually over ten years) is scheduled to begin in 2027. A 70,000-meter drilling program is well underway and fully funded. The current, very positive drill results point to the presence of the anticipated resource growth. The company’s goal is to become a mid-sized gold producer.
Current company information and press releases from Osisko Development (- https://www.resource-capital.ch/de/unternehmen/osisko-development-corp/ -) and GoGold Resources (- https://www.resource-capital.ch/de/unternehmen/gogold-resources-inc/ -).
You can also find further information in our new Precious Metals Report at the following link: https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2026-03/.
Sources: GoGold Resources, Osisko Development,
https://www.kitco.com/news/article/2026-07-13/gold-becoming-reserve-asset-new-multipolar-world-sprotts-paul-wong;
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2026-03/.
Pursuant to Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of the Market Abuse Regulation (MAR) (Regulation (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 release is authoritative.
Disclaimer: The information provided does not constitute a recommendation or advice of any kind. Please be expressly aware of the risks involved in securities trading. No liability can be accepted for damages arising from the use of this blog. We would like to point out that investments in stocks and, in particular, warrants are inherently risky. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given as to the accuracy of any content. Despite exercising the utmost care, I expressly reserve the right to make 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 websites (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 – 312 O 85/98) unless I expressly distance myself from such content. Despite careful review of the content, I assume no liability for the content of linked external websites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies and is available at: https://www.resource-capital.ch/de/disclaimer-agb/.
Unternehmensinformation / Kurzprofil:
Datum: 15.07.2026 - 14:51 Uhr
Sprache: Deutsch
News-ID 739179
Anzahl Zeichen: 7108
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
Diese Pressemitteilung wurde bisher 73 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Everyone is waiting for higher gold prices"
steht unter der journalistisch-redaktionellen Verantwortung von
Swiss Resource Capital AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
