Golden October – Silver October

Advertisement/Advertising – This article is distributed on behalf of Aurania Resources Ltd. and Fortuna Mining Corp., with whom SRC swiss resource capital AG has paid IR consulting contracts. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: 15.10.2025, 2:25 p.m. Zurich/Berlin

Although the price of silver has fallen back slightly after profit-taking, the price development of both precious metals is phenomenal. Silver has risen in price by around 80 percent this year. A year ago, a troy ounce of gold cost around US$2,700. Now, the price of gold has reached its eighth high within twelve trading days. The current easing of tensions in the Middle East has had no effect on prices. The fact that the US dollar has lost value since the beginning of the year and that US government debt is a bottomless pit has certainly contributed to the price increases. For investors from Europe and Germany, the weak US dollar means more favorable prices. And central banks have now made gold a permanent part of their reserves, regardless of the gold price. The Chinese central bank alone has now increased its gold reserves for eleven months in a row.

Paul Ciana, an analyst at Bank of America, has compared the current rally in the gold price with those of the past. Since 1970, the gold price has risen for seven weeks in a row 18 times, as it has now. Past bull markets have often been preceded by major sell-offs. From 1970 to 1980, the boom totaled 1,725 percent. The price increase from 1999 to 2011 amounted to a gain of 640 percent. In both periods, there was a correction around the middle. And if the current rise in the price of gold mirrors the 2000s, the price of the precious metal could approach US$7,000 per ounce. Only time will tell whether precious metals will continue to rise, experience corrections, or whether the end of the road is still a long way off. In any case, investments in precious metal companies are a good thing.

Fortuna Mining - https://www.commodity-tv.com/ondemand/companies/profil/fortuna-mining-inc/ - is a successful gold and silver producer with mines in West Africa and Latin America. In the third quarter of 2025, more than 72,000 ounces of gold were produced. The mine in Ivory Coast is currently scoring very good drilling results.

Aurania Resources - https://www.commodity-tv.com/ondemand/companies/profil/aurania-resources-ltd/ - owns gold and copper in the Lost Cities Cutucu project in Ecuador. This project combines historical data and the latest modern mining methods in an exciting way.

Current company information and press releases from Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -) and Fortuna Mining (- https://www.resource-capital.ch/en/companies/fortuna-mining-corp/ -).

Sources:

https://www.wiwo.de/finanzen/geldanlage/goldpreis-aktuell-gold-naehert-sich-der-marke-von-4200-dollar/29741802.html;

https://www.boerse.de/nachrichten/ROUNDUP-Gold-Rekordrally-geht-weiter-Silber-ebenfalls-so-teuer-wie-noch-nie/37958215;

https://www.businessinsider.de/wirtschaft/goldpreis-bank-of-america-warnt-jetzt-vor-einem-abrupten-ende-der-rallye/.

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