Gold prices reach $4,000 for first time, boosting mining stocks 135% in 2025.
ByAinvest
Friday, Oct 10, 2025 9:21 am ET1min read
AUST--
The surge in gold prices is attributed to persistent demand and increased central bank buying, which has led financial analysts to raise their forecasts. By late 2026, gold is expected to reach $4,900 per ounce, according to market predictions [1].
Mining companies are capitalizing on the favorable conditions, with stabilized production costs and unprecedented profit leverage. For instance, Radisson Mining Resources is developing the historic O'Brien Gold Project in Quebec, which has defined 1.5 million ounces of high-grade gold and is systematically drilling towards a 3-4 million ounce target. The company's capital-efficient hub-and-spoke development strategy targets processing through existing regional mills, reducing initial capital requirements to C$175 million and delivering a 3:1 NPV-to-capex ratio of approximately $500 million at $2,500 gold [3].
The gold price surge has also sparked interest in cryptocurrencies. Republican Senator Cynthia Lummis from Wyoming is proposing a bold plan to fill the bitcoin strategic reserve without increasing the federal government deficit. Lummis's bill, known as the Bitcoin Act, aims to purchase 1 million bitcoins, which would cost approximately $90 billion based on current market prices [1]. The bill requires the USA to hold cryptocurrencies for at least 20 years, with the goal of reducing national debt issuance through assumed appreciation.
While the bill faces an uncertain future in Congress, the crypto community remains optimistic. Some market observers, however, caution that putting government funds at risk with an unstable asset like bitcoin may not gain widespread support among lawmakers [1]. Despite the challenges, Lummis remains optimistic that her bitcoin bill will gain traction in the next Congress.
IDR--
BTC--
Gold has surpassed $4,000 for the first time in history, driven by inflation concerns and safe haven demand. Mining stocks have soared 135% this year, with companies benefiting from stabilized production costs and unprecedented profit leverage. Gold forecast is raised to $4,900 per ounce by late 2026 due to persistent demand and central bank buying. Companies like Rush Gold Corp, PPX Mining Corp, Austin Gold Corp, K92 Mining Inc, and Idaho Strategic Resources are poised to capitalize on this historic environment.
Gold has reached an all-time high, breaching the $4,000 per ounce mark for the first time in history, driven by inflation concerns and safe haven demand. This unprecedented move has significantly impacted mining stocks, with several companies experiencing substantial growth. Among the beneficiaries are Rush Gold Corp, PPX Mining Corp, Austin Gold Corp, K92 Mining Inc, and Idaho Strategic Resources.The surge in gold prices is attributed to persistent demand and increased central bank buying, which has led financial analysts to raise their forecasts. By late 2026, gold is expected to reach $4,900 per ounce, according to market predictions [1].
Mining companies are capitalizing on the favorable conditions, with stabilized production costs and unprecedented profit leverage. For instance, Radisson Mining Resources is developing the historic O'Brien Gold Project in Quebec, which has defined 1.5 million ounces of high-grade gold and is systematically drilling towards a 3-4 million ounce target. The company's capital-efficient hub-and-spoke development strategy targets processing through existing regional mills, reducing initial capital requirements to C$175 million and delivering a 3:1 NPV-to-capex ratio of approximately $500 million at $2,500 gold [3].
The gold price surge has also sparked interest in cryptocurrencies. Republican Senator Cynthia Lummis from Wyoming is proposing a bold plan to fill the bitcoin strategic reserve without increasing the federal government deficit. Lummis's bill, known as the Bitcoin Act, aims to purchase 1 million bitcoins, which would cost approximately $90 billion based on current market prices [1]. The bill requires the USA to hold cryptocurrencies for at least 20 years, with the goal of reducing national debt issuance through assumed appreciation.
While the bill faces an uncertain future in Congress, the crypto community remains optimistic. Some market observers, however, caution that putting government funds at risk with an unstable asset like bitcoin may not gain widespread support among lawmakers [1]. Despite the challenges, Lummis remains optimistic that her bitcoin bill will gain traction in the next Congress.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet