Equity InsiderNews Commentary
Issued on behalf of RUA GOLD Inc.
VANCOUVER, BC, May 7, 2025 /CNW/ -- Equity InsiderNews Commentary – Right after the world's largest gold-buying market (China) returned from its holiday break, gold prices resumed their climb, also helping reignite momentum across gold miner stocks along the way. Now analysts are adjusting their forecasts for gold, and for gold stocks, with JP Morgan now seeing $4,000 gold as early as Q2 2026, Ed Yardeni of Yardeni Research projecting $4,000 gold by year-end. Industry heavyweight Rob McEwen and Billionaire investor John Paulson are both expecting gold to nearly hit $5,000 within the next few years, which could set the stage for a major rally in gold mining equities. Among the gold companies out there making headlines, there's been recent developments from groups such as including RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Revival Gold Inc. (TSXV: RVG) (OTCQX: RVLGF), Monument Mining Limited (TSXV: MMY), Orla Mining Ltd. (NYSE-American: ORLA) (TSX: OLA), and Osisko Development Corp. (NYSE: ODV) (TSX: ODV).
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