USA News GroupNews Commentary
Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER, BC, Oct. 1, 2025 /CNW/ -- USA News GroupNews Commentary – Gold climbed above $3,800 an ounce for the first time Monday, setting a new record as safe-haven buying gained momentum amid expectations of additional U.S. rate cuts and worries over a possible government shutdown[1]. Adjusted for inflation, the metal already set its first new peak since 1980 earlier this month. Deutsche Bank now projects gold could surpass $4,000 by year-end, which is representing a potential annual return of more than 50%[2]. This surge is reshaping institutional flows, with groups like Southern Capital Advisors taking fresh positions in junior mining funds. Attendance at key industry events has jumped by over 30%[3], highlighting increased confidence in companies across the exploration and development stage, such as Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF), Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF), Rio2 Limited (TSX: RIO) (OTCQX: RIOFF), and Perpetua Resources Corp. (NASDAQ: PPTA) (TSX: PPTA).
Read more at newswire.ca