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Gold Demand Shatters Records as Producers Post Historic Results

Newswire.ca - Tue Feb 17, 10:34AM CST

Issued on behalf of GoldHaven Resources Corp.

VANCOUVER, BC, Feb. 17, 2026 /CNW/ -- USANewsGroup.com News Commentary – Gold is trading above US$5,000 per ounce in February 2026, holding at levels that would have seemed implausible a year ago. Fibonacci analysis now projects a base case of US$6,100, with Wells Fargo raising its forecast to US$6,100 to US$6,300 and JPMorgan targeting US$6,300[1]. The supply side of the equation is equally significant: S&P Global confirmed a 10 million metric tonne copper supply deficit by 2040, with demand projected to reach 42 million metric tonnes as AI infrastructure and defense spending accelerate faster than new mines can be permitted[2]. Against that backdrop, GoldHaven Resources (CSE: GOH), Orla Mining (TSX: OLA), Lundin Gold (TSX: LUG), TRX Gold (TSX: TRX), and Aya Gold & Silver (TSX: AYA) are advancing gold assets across the Americas, Africa, and Morocco.

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