The Big Picture for the Price of Gold

Advertisement/Advertising - This article is distributed on behalf of Osisko Development Corp. and Gold X2 Mining Inc., with whom SRC swiss resource capital AG has paid IR advisory agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: April 09, 2026, 10:25 a.m. Zurich/Berlin

Severe geopolitical crises persist. It remains to be seen how the situation in the Middle East will develop following the U.S. ceasefire with Iran. Furthermore, global debt continues to rise. Central banks will continue to focus on diversifying into gold and away from the U.S. dollar. And perhaps especially now, when the price of gold has fallen. Private investors, too, should view price dips as buying opportunities. While the upward trend in the price of gold has hit a few bumps, this is generally seen as the result of short-term market distortions. The precious metal’s traditional role as a safe haven will remain intact in the future.

Reports of significant gold sales by the Turkish Central Bank in the period following the start of the war in Iran certainly also weighed on the gold price. Around 60 tons of gold, worth approximately eight billion US dollars, were sold. Some of the gold was sold directly, while the majority was used to secure foreign exchange or lira. The Turkish government took this step as part of its disinflation strategy. Over the past ten years, the Turkish Central Bank has been among the most active gold buyers. But now, meeting liquidity needs, strengthening domestic demand, and combating inflation are the top priorities.

From a historical perspective, the price of gold should rise. Leading financial institutions expect this to happen, although the range of forecasts is considerable. Goldman Sachs, for example, anticipates a gold price of $5,400 by the end of 2026 in its latest forecast. Here, the inflation rate is approaching three percent and energy prices have risen. However, investors want to preserve their purchasing power. This has worked for ages with gold investments. This also includes gold mining companies.

Gold X2 Mining - https://www.commodity-tv.com/ondemand/companies/profil/gold-x2-mining-inc/ - owns the advanced Moss Gold Project (gold, silver, copper) in Ontario. Wholly owned, the project is equipped with top-notch infrastructure and boasts excellent drill results. Additionally, Gold X2 Mining has acquired Kesselrun Resources, thereby expanding the Huronian Gold Project and, consequently, the land package of the Moss Project.

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). Production at Cariboo (approximately 190,000 ounces of gold annually over ten years) is scheduled to begin in 2027. A well-funded 70,000-meter drilling program is underway at Cariboo to assess potential resource growth.

Current company information and press releases from Gold X2 Mining (- https://www.resource-capital.ch/en/companies/gold-x2-mining-inc/ -) and Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -).

Further information is also available in our new Precious Metals Report at the following link: https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/  

Sources:

https://www.kapitalmarktexperten.de/gold-druck-aus-mehreren-richtungen/;

https://www.der-investor.com/post/goldpreis-april-2026;

https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/

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