Gold Miners Benefit as Metal Surges to $3,900 Amid Persistent Inflation Concerns

Gold prices reached a record $3,900 in late September, driven by persistent inflation fears and central banks diversifying away from dollar holdings. This translates into improved economics for gold miners, including GoldHaven Resources Corp., Austin Gold Corp., Lion One Metals Limited, Prospector Metals Corp., and Gold X2 Mining Inc. Goldman Sachs predicts gold will climb to $4,000 per troy ounce by mid-2026.