The Price of Gold and U.S. Politics

Advertisement - This article is distributed on behalf of OR Royalties Inc. and Gold Royalty Corp., with which SRC swiss resource capital AG maintains paid IR advisory agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: May 26, 2026, 4:15 p.m. Zurich/Berlin

Geopolitical uncertainties are rising, as are oil prices and inflation. The U.S. is trying to counteract this. For instance, U.S. authorities recently sold $600 billion worth of U.S. Treasury bonds in just one week—an astonishingly high sum. Low yields are in demand. And so the Fed has pumped liquidity into the markets. At the end of October, a new term was even coined for this: Reserve Management Purchases. This was accompanied by changes to banking regulations. According to the Fed, this is not quantitative easing, but that is exactly what it appears to be.

The Treasury Department is attempting to cap volatility through so-called buybacks. And this is leading to volatility in the foreign exchange market. And this volatility is likely to create buying opportunities in gold and silver. In any case, buying gold and silver at lower prices is a good move. If interest rates fall, so does the interest burden on the U.S. Treasury. Incidentally, China also has a debt problem. It is questionable whether this will provide a boost to the economy, as private-sector income is declining.

Currently, the Treasury is issuing short-term Treasury bills. These have lower volatility. This is akin to monetization, which poses a risk of higher inflation. And so the price of gold should rise in the long term. Higher debt goes hand in hand with a higher gold price. And the world is in an era of excessive debt, as society ages and defense spending rises. Investors seeking diversification in the gold sector are encouraged to consider royalty companies.

Gold Royalty (- https://www.commodity-tv.com/ondemand/companies/profil/gold-royalty-corp/ -) focuses on gold, silver, and copper, as well as gold properties in North and South America. Record revenues were achieved in the fourth quarter of 2025 as well as for the full year 2025. The first quarter of 2026 once again brought the company record revenues.

OR Royalties (- https://www.commodity-tv.com/ondemand/companies/profil/or-royalties-inc/ -) focuses on gold, silver, and copper with interests and royalties in Canada, Australia, and the U.S. New royalties were recently added. The company pays dividends. The year 2025 saw record revenue. The first quarter of 2026 also ended with record revenue from streams and royalties. The latest deal is a precious metals stream from Canadian Copper’s projects in New Brunswick.

Current company information and press releases from OR Royalties (- https://www.resource-capital.ch/de/unternehmen/or-royalties-inc/ -) and Gold Royalty (- https://www.resource-capital.ch/de/unternehmen/gold-royalty-corp/ -).

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-2025-04/.

Sources: OR Royalties, Gold Royalty,

https://www.youtube.com/watch?v=npd8ahasN_A;

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) (Regulation (EU) 2016/958), we hereby note that authors, employees, and affiliated companies of SRC swiss resource capital AG 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.

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