Food inflation and gold as a lifeline

Advertisement/Advertising – This article is distributed on behalf of Equinox Gold Corp., with which SRC swiss resource capital AG has paid IR consulting agreements. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: December 17, 2025, 6:00 p.m. Zurich/Berlin

An analysis by the trading and investment platform eToro has looked at the cost of this year's Christmas dinner. The highest costs are in Spain. A typical festive meal for a Spanish family of four costs €81.95. Turkey and side dishes account for a 22 percent increase. In Germany, a traditional Christmas dinner consisting of goose and side dishes costs around 28 percent more than last year. A German family has to spend €79.75 on it.

In France, too, the cost of a stuffed turkey has risen by around 26 percent to €73.68. However, there are also countries that can look forward to lower prices this year, such as Poland, which will have to pay eight percent less for its traditional Christmas dinner. In Australia, too, the Christmas barbecue costs six percent less than in 2024.

Gold has a protective function against inflation. This is because new money is created, among other things, as government spending grows, for example in the areas of defense, infrastructure, or social welfare. This stimulates inflation. Money is multiplied, while gold is only slightly increased each year through mining compared to the existing amount. Research on inflation and gold prices from 2014 to 2024 shows the following: since 1970, gold has been calculated in euros in Germany, increasing in price by an average of 8.4 percent per year. During this same period, average inflation was 2.74 percent. This results in an annual return of approximately 5.7 percent for gold. 2025 is not yet included in this calculation. However, it is clear that gold and gold investments retain value and purchasing power. This is especially true when investing in exquisite gold companies.

Equinox Gold - https://www.commodity-tv.com/ondemand/companies/profil/equinox-gold-corp/ - is a North American focused gold producer with solid production and cash flow and a tier-one growth profile. Equinox Gold is operating two large, long-life gold mines in Canada, which together are expected to produce around 500,000 ounces of gold per year when ramped up to capacity, with additional production coming from mines in the USA, Nicaragua and Brazil. Equinox Gold recently announced plans to sell its Brazilian gold mines for US$1.015 billion, payable as US$900 million in cash on closing and up to US$115 million a year from closing. Proceeds will immediately pay down more than US$800 million in debt, transforming the company’s balance sheet and enhancing its ability to self-fund organic growth and consider capital return initiatives. Equinox Gold anticipates producing 700,000 to 800,000 ounces of gold in 2026 and is also advancing expansion and development projects in Canada, the USA and Mexico that could collectively bring approximately 500,000 ounces of additional annual production when complete.

Current company information and press releases from Equinox Gold (- https://www.resource-capital.ch/en/companies/equinox-gold-corp/ -).

Sources:

https://www.finanzwelt.de/post/festtags-essen-in-diesen-drei-landern-zahlt-man-am-meisten;

https://www.goldreporter.de/goldpreis-inflation/analyse/250342/.

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.

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