Author

admin

Browsing

The gold price continued to rise in Q3, breaking through key milestones to set new all-time highs.

Much like the first half of the year, the yellow metal was supported by ongoing factors like central bank buying, geopolitical tensions and uncertainty caused by US trade and tariff policies.

And it wasn’t just the price of gold that soared — higher margins and a more positive outlook for the sector helped drive increases in gold stocks. Read on for a look at gold’s Q3 activity and the outlook for Q4.

What happened to the gold price in Q3?

Gold has gained nearly US$1,400 since starting the year at US$2,658 per ounce on January 2.

By the beginning of Q3, gold had climbed to US$3,338.86, and it remained rangebound at that level for most of July and August. However, it climbed above the US$3,400 mark on July 22 and then again on August 6.

Gold price, July 9 to October 10, 2025.

The price started to gain traction at the end of August, after US Federal Reserve Chair Jerome Powell signaled a change in policy during his remarks at the Jackson Hole Economic Policy Symposium. By September 2, the gold price had broken through US$3,500 for the first time, and by September 8 it had climbed above US$3,600.

As the month wore on, gold continued its unprecedented climb. It broke through US$3,700 on September 22, US$3,800 on September 29 and reached its quarterly high of US$3,858.41 on September 30.

The price continued on its upward trajectory as the fourth quarter began, rising above US$3,900 on October 6, and finally setting a new record high of US$4,040.42 on October 8.

What’s driving gold demand?

Although there was a dip in central bank gold purchases in July, with just 10 metric tons added to reserves, the World Gold Council (WGC) reported that the buying trend that has developed over the past few years remains firm.

In August, central banks once again increased their gold acquisitions, purchasing a total of 19 metric tons. Overall, central banks bought 415 metric tons of gold in H1, bringing the 2025 total to 444 metric tons as of the end of August.

Although it appeared to pause its gold buying in August, the National Bank of Poland has been the top purchaser of gold in 2025, adding 67 metric tons. It has vowed to have 20 to 30 percent of its international reserves in gold.

The WGC notes that seven central banks boosted their reserves in August. Kazakhstan was the leading buyer, adding 8 metric tons to its holdings and bringing its year-to-date increase to 32 metric tons. Turkey, Bulgaria, China, Uzbekistan, Ghana, Indonesia and the Czech Republic each added 2 metric tons. Russia was the only seller in August, divesting itself of 3 metric tons of gold; the WGC suggests its reduction was owed to its coin-minting program.

It wasn’t just central banks buying gold. Western investors helped drive record exchange-traded fund (ETF) inflows of US$26 billion for the third quarter, with North American markets accounting for US$16.1 billion.

Total assets under management surged to US$472 billion, a 23 percent increase over the second quarter, with holdings rising to 3,838 metric tons, just shy of the 3,929 metric tons recorded in November 2020.

Why are investors interested in gold?

Mind Money CEO Julia Khandoshko suggested that geopolitics is a driving force behind gold’s record-breaking run, noting that tensions are high as the world becomes increasingly divided into “risk” and “stability” zones.

While geopolitics may be a primary factor, it’s far from the only one.

The third quarter saw declining yield curves, a weakening US dollar and a 25 basis point interest rate cut from the Fed in September, all of which added tailwinds to the gold price. Looking forward, the expectation is that the Fed will make further rate cuts before the end of the year, which could further fuel a rising gold price.

‘The history of the last hundred years shows that gold grows confidently at low rates. Combine this with stubborn inflation, and we can say with confidence that it will create more space for gold’s price rise,” Khandoshko stated.

Additionally, there is an expectation that a weaker US dollar will help to keep the price of gold elevated. So far this year, the US Dollar Index has declined 8 percent.

“The US dollar is a critical component to what happens to gold, because gold is denominated in US dollars, so the weaker the US dollar, the stronger the commodity price. What we’re expecting to see over the next 12 to 24 months is continued devaluation of the US dollar, which means gold should continue to be stronger going forward,” he said.

Among the recent drags on the dollar is fear of a prolonged shutdown of the US federal government after lawmakers failed to reach an agreement to continue funding government agencies and employees.

In the aftermath of the shutdown, the US Dollar Index posted its worst week since July. In an October 3 Reuters article, Thierry Wizman, monetary strategist with Macquarie, suggests that a prolonged shutdown could have a significant impact on trust in the federal government and further impact the strength of the greenback.

Gold price forecast for 2025

Hodaly sees the factors behind gold’s price rise remaining in place for the foreseeable future.

“We are expecting this could go much higher, at least 10 to 20 percent higher in the near term,’ he said.

‘Nothing has changed with the demand outlook for gold and the projected weakness of the US dollar, and that’s what’s going to drive the commodity price higher,’ added the executive.

Gold equities are also expected to benefit as the rising price boosts their margins and share prices.

Leading producers such as Agnico Eagle Mines (TSX:AEM,NYSE:AEM), Newmont (NYSE:NEM,ASX:NEM) and Barrick Mining (TSX:ABX,NYSE:B) have seen their share prices rise by over 100 percent in 2025.

The junior space has also been impacted, with PPX Mining (TSXV:PPX,OTC Pink:SNNGF) posting a year-to-date gain of 642 percent as of October 1, and San Lorenzo Gold (TSXV:SLG,OTC Pink:SNLGF) increasing 629 percent.

With gold now trading above US$4,000, the sector could attract renewed interest and offer new opportunities for investors. Those seeking to include gold or gold stocks in their portfolios might consider options ranging from the relative safety of ETFs and established producers to riskier assets at the development or exploration stages.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

President Donald Trump unveiled his Board of Peace on Thursday, with world leaders signing on to pursue a lasting agreement for Gaza.

Trump inaugurated the board during a speech and signing ceremony at the World Economic Forum in Davos, Switzerland.

‘Once this board is completely formed, we can do pretty much whatever we want to do. And we’ll do it in conjunction with the United Nations,’ Trump said in a statement.

‘This isn’t the United States, this is for the world,’ he added. ‘I think we can spread it out to other things as we succeed in Gaza.’

This is a developing story. Check back soon for updates.

This post appeared first on FOX NEWS

Attorney General Pam Bondi announced Saturday that the suspect wanted in connection to the attack on U.S. Attorney Alina Habba’s office in New Jersey this week has been taken into custody.

The FBI had identified the suspect Friday night as Keith Michael Lisa. 

Bondi said in an X post on Saturday morning that thanks to the FBI, the U.S. Marshals Service and Homeland Security Investigations, the suspect wanted in the attack on Habba’s office ‘is now in custody.’

‘No one will get away with threatening or intimidating our great U.S. Attorneys or the destruction of their offices,’ Bondi wrote.

The FBI said Lisa was wanted for allegedly entering the Peter W. Rodino Federal Building in Newark, New Jersey, on Nov. 12, 2025, while in possession of a bat.

‘After being denied entry, he discarded the bat and returned,’ the FBI said. ‘Once inside the building, he proceeded to the U.S. Attorney’s Office where he damaged government property.’

A federal arrest warrant was issued for Lisa on Thursday in the United States District Court for the District of New Jersey in Newark after he was charged with possession of a dangerous weapon in a federal facility and depredation of federal property, the FBI added.

Bondi had announced Thursday that an individual attempted to confront Habba on Wednesday night, ‘destroyed property in her office’ and then ‘fled the scene.’

‘Thankfully, Alina is ok,’ Bondi added. ‘Any violence or threats of violence against any federal officer will not be tolerated. Period. This is unfortunately becoming a trend as radicals continue to attack law enforcement agents around the country.’

Habba said following the incident that, ‘I will not be intimidated by radical lunatics for doing my job.’

Lisa, 51, was described by authorities as being around 6 feet 3 inches tall and weighing between 200 and 230 pounds.

The FBI said Lisa has ties to New York City and Mahwah, N.J., and ‘should be considered dangerous.’

On its website, the Justice Department said that as Acting U.S. Attorney and Special Attorney to the United States Attorney General, Habba ‘is responsible for overseeing all federal criminal prosecutions and the litigation of all civil matters in New Jersey in which the federal government has an interest.’

‘Including the offices in Newark, Camden, and Trenton, Ms. Habba supervises a staff of approximately 155 federal prosecutors and approximately 130 support personnel,’ the Justice Department said.

This post appeared first on FOX NEWS

Don Durrett: Gold, Silver Price Targets and 15 ‘Must-Own’ Silver Stocks

Kicking off the list in the fifth spot is Don Durrett of GoldStockData.com.

In this January interview, Don shared his silver and gold price outlook for 2025, as well as his 15 ‘must-own’ silver stocks. We don’t have time here for the full list, but I’ll leave the link to the video below. For now, here’s Don talking about why he’s so bullish on silver and gold stocks.

Peter Grandich: Gold Mines Set to Print Cash as Price Hits New Highs

Peter Grandich of Peter Grandich & Co. is next.

This interview is from all the way back in February, when gold was still around US$2,800 per ounce. Peter talked about how US$5,000 was no longer sounding outlandish to him, and also explained how the higher gold price could impact mining companies.

Vince Lanci: Silver’s London Liquidity Crisis — What’s Happening, What’s Next

Vince Lanci of Echobay Partners is always a popular guest, and in mid-October he helped break down unusual dynamics in silver, which had broken through US$50 per ounce.

Ed Steer: Silver Rally Now Unstoppable, Price to Hit Triple Digits

Ed Steer of Ed Steer’s Gold and Silver Digest comes in at number two. This interview is also from mid-October, and in it Ed weighed in on the silver market’s complex inner workings. Ed also gave his thoughts on the precious metal’s long-term prospects.

Rick Rule: Gold Strategy, Oil Stocks I Own, ‘Sure Money’ in Uranium

Finally, our most popular interview of 2025 was with none other than Rick Rule of Rule Investment Media. In this early November conversation, he said he had recently sold 25 percent of his junior gold stocks; he also explained why he did it and how he redeployed that capital.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TSX.V – FPC

Falco Resources Ltd. (TSXV: FPC,OTC:FPRGF) (‘Falco’ or the ‘Corporation’) is pleased to announce that further to its press release dated September 29, 2025, it has agreed with Cantor Fitzgerald Canada Corporation, as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the ‘Underwriters’), to increase the size of the Corporation’s previously announced $10,000,000 bought deal private placement (the ‘Initial Offering’) of units of the Corporation (the ‘Units’). Pursuant to the upsized deal terms, the Underwriters have agreed to purchase, on a bought deal basis, an additional 6,250,000 Units, for a total of 37,500,000 Units at a price of $0.32 per Unit (the ‘Offering Price’) for aggregate gross proceeds of $12,000,000 (the ‘Upsized Offering’).

Each Unit will consist of one common share of the Corporation (each, a ‘Common Share‘) and one half of one Common Share purchase warrant (each whole warrant, a ‘Warrant‘). Each whole Warrant shall entitle the holder to purchase one Common Share at a price of $0.46 at any time on or before that date which is 18 months after the Closing Date (as defined below).

Under the Initial Offering, the Corporation granted the Underwriters an option (the ‘Option‘) to increase the size of the Initial Offering by up to an additional 4,687,500 Units on the same terms and conditions as the Initial Offering for additional gross proceeds of $1,500,000, by giving written notice of the exercise of the Option, or a part thereof, to the Corporation at any time up to 48 hours prior to Closing Date. No option to purchase additional Units at the Offering Price has been granted to the Underwriters on the upsized portion of the Upsized Offering.

The Corporation intends to use the net proceeds from the sale of Units for the advancement of the Horne 5 Project in Québec as well as for working capital and general corporate purposes.

The Upsized Offering is anticipated to close on or about October 17, 2025 (the ‘Closing Date‘), or such other date as the Corporation and the Underwriters may agree, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

The Units are being offered by way of private placement in all of the provinces of Canada to investors who qualify as ‘accredited investors’ under Canadian securities legislation or who are otherwise exempt from prospectus delivery requirements. The Upsized Offering may also be offered in the United States to ‘accredited investors’ (as defined in Rule 501(a) of Regulation D) pursuant to an exemption from registration under the United States Securities Act of 1933, as amended, and in such other jurisdictions outside of Canada in accordance with applicable law.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.

The Common Shares issuable from the sale of the Units to ‘accredited investors’ in Canada or otherwise on a prospectus exempt basis will be subject to a hold period of four months plus one day from the date of issuance of the Units.

About Falco Resources

Falco is one of the largest mineral claim holders in the province of Quebec, with an extensive portfolio of properties in the Abitibi-Témiscamingue greenstone belt. Falco holds rights to approximately 67,000 hectares of land in the Noranda Mining Camp, which represents 67% of the camp as a whole and includes 13 former gold and base metal mining sites. Falco’s main asset is the Horne 5 project located beneath the former Horne mine, which was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Development Corp. is Falco’s largest shareholder, with a 16% interest in the Corporation.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement on Forward-Looking Information

This news release contains forward-looking statements and forward-looking information (together, ‘forward looking statements’) within the meaning of applicable securities laws. Often, but not always, forward-looking statements can be identified by words such as ‘plans’, ‘expects’, ‘seeks’, ‘may’, ‘should’, ‘could’, ‘will’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, ‘believes’, or variations including negative variations thereof of such words and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. These statements are made as of the date of this news release. Forward-looking statements in this press release include, without limitation, the terms and conditions of the Upsized Offering, the use of proceeds of the Upsized Offering and the date of closing of the Upsized Offering. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the risk factors set out in Falco’s annual and/or quarterly management discussion and analysis and in other of its public disclosure documents filed on SEDAR+ at www.sedarplus.ca, as well as all assumptions regarding the foregoing. Although the Corporation believes the forward-looking statements in this news release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. Consequently, the Corporation cautions investors that any forward-looking statements by the Corporation are not guarantees of future results or performance and that actual results may differ materially from those in forward-looking statements.

SOURCE Falco Resources Ltd.

View original content: http://www.newswire.ca/en/releases/archive/October2025/14/c7496.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

President Donald Trump dramatically reversed course Tuesday on a U.K. plan to transfer sovereignty of the Chagos Islands to Mauritius while warning it could jeopardize U.S. access to the Diego Garcia military base.

Trump’s reversal highlights what a defense expert called a ‘new Trump Doctrine’ before linking the president’s opposition to the Chagos deal with his Greenland push and citing fears Mauritius could later back out.

Writing on his Truth Social platform Tuesday, Trump called the U.K.’s Chagos decision ‘an act of great stupidity.’

‘Shockingly, our ‘brilliant’ NATO Ally, the United Kingdom, is currently planning to give away the Island of Diego Garcia, the site of a vital U.S. Military Base, to Mauritius, and to do so FOR NO REASON WHATSOEVER,’ Trump wrote. ‘There is no doubt that China and Russia have noticed this act of total weakness.’

‘Trump has done a 180, partly because of the U.K.’s support for Denmark’s sovereign claims over Greenland and partly because of a new strategy outlined by the White House,’ John Hemmings, director of the National Security Center at the Henry Jackson Society, told Fox News Digital.

‘These moves are linked and part of a ‘new Trump Doctrine’’ outlined in November’s National Security Strategy,’ he explained.

‘Diego Garcia is a potential threat to Beijing’s strategy to control vital shipping lanes between the oil-rich Middle East and China’s industrial heartland,’ he added, describing how ‘nearly 23.7 million barrels of oil transit the Indian Ocean every day, with the base being vital in any U.S.-China conflict over Taiwan.’

In a separate post, Trump explicitly linked the Chagos dispute to his Greenland push.

‘The U.K. giving away extremely important land is an act of GREAT STUPIDITY, and is another in a very long line of national security reasons why Greenland has to be acquired,’ Trump wrote.

The Chagos Islands were separated from Mauritius during Britain’s decolonization process, a move the International Court of Justice ruled unlawful in 2019. 

The U.K. later agreed to transfer sovereignty while leasing Diego Garcia back for at least 99 years at a cost of at least $160 million annually.

Diego Garcia is a hub for long-range bombers, logistics and power projection across the Middle East, the Indo-Pacific and Africa. Around 2,500 personnel, mostly American, are stationed there.

‘If Mauritius were to offer the islands to China after taking de jure control, it would put immense pressure on the U.S. in the eyes of international public opinion,’ Hemmings explained.

‘After all, once Mauritius has de jure sovereignty, it can renegotiate the lease terms or even renege on the treaty at any time it wants.

‘It might also provide access to the exclusive economic zone, with all of its rich fishing grounds, to Chinese fishing fleets, adding another layer of risk to U.S. Air Force operations around the island,’ Hemmings said.

‘At this moment, the U.S. base at Diego Garcia is thought to be secure, with Mauritius promising the U.K. (and by proxy, the U.S.) a 99-year lease, which will not, it is supposed, interfere with the operations of the air base at all. But the devil is in the details.’

Fox News Digital has reached out to the White House for comment.

This post appeared first on FOX NEWS

Josef Schachter of the Schachter Energy Report shares his outlook for oil and natural gas, including when he thinks the next buying opportunity will be for stocks.

He also discusses his upcoming Catch the Energy conference.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

An emotional Rep. Alexandria Ocasio-Cortez, D-N.Y., attempted to blame critics – and even President Donald Trump’s own off-the-cuff agility – for the backlash she received for her response to a question at the recent Munich Security Conference on American defense of Taiwan in the event of a Chinese invasion.

‘If you think I don’t understand foreign policy, because of out of hours of discourse about international affairs, I pause to think about one of the most sensitive geopolitical issues that currently exist on earth, I’m afraid the issue is not my understanding, but perhaps the problem is you’ve gotten adjusted to a president that never thinks before he speaks,’ a raspy-voiced Ocasio-Cortez said on a late-night Instagram Live video circulating on social media.

The leftist congresswoman’s Munich stumbling on Friday, Feb. 13, started the critical firestorm and has conservatives questioning her fitness for a potential 2028 Democrat presidential primary campaign.

‘Um, you know, I think that this is such a, you know, I think that this is a um — this is, of course, a, um, very long-standing, um, policy of the United States,’ she said with pause when asked about America defending Taiwan in the event of a Chinese invasion to enforce its One China Policy over the island-nation.

‘And I think what we are hoping for is that we want to make sure that we never get to that point, and we want to make sure that we are moving in all of our economic, research and our global positions to avoid any such confrontation and for that question to even arise.’

Vice President JD Vance, a potential 2028 presidential campaign opponent in a prospective general election matchup, weighed in multiple times this week to Ocasio-Cortez’s remarks.

‘I think it’s a person who doesn’t know what she actually thinks, and I’ve seen this way too much in Washington with politicians: Where they’re given lines and, when you ask them to go outside the lines they were given, they completely fall apart,’ Vance told Fox News’ ‘The Story With Martha MacCallum’ in an in-studio interview earlier this week.

‘That was embarrassing,’ he continued. ‘If I had given that answer I would say, ‘You know what? Maybe you ought to go read a book about China and Taiwan before I go out on the world stage again.’ I hope that Congresswoman Cortez has the same humility. I’m skeptical.’

This post appeared first on FOX NEWS

President Donald Trump said on Friday that he directed the Deoartment of Justice to investigate disgraced late financier Jeffrey Epstein’s ties to several high-profile Democrats and certain banks.

‘Now that the Democrats are using the Epstein Hoax, involving Democrats, not Republicans, to try and deflect from their disastrous SHUTDOWN, and all of their other failures, I will be asking AG Pam Bondi, and the Department of Justice, together with our great patriots at the FBI, to investigate Jeffrey Epstein’s involvement and relationship with Bill Clinton, Larry Summers, Reid Hoffman, JPMorgan, Chase, and many other people and institutions, to determine what was going on with them, and him,’ Trump said on Truth Social.

‘This is another Russia, Russia, Russia scam, with all arrows pointing to the Democrats,’ he added. ‘Records show that these men, and many others, spent large portions of their life with Epstein, and on his ‘island.’ Stay tuned!!!’

Head of Policy & Advocacy Communications at JPMorgan Chase & Co. Trish Wexler told Fox News Digital that ‘The government had damning information about [Epstein’s] crimes and failed to share it with us and other banks.’

‘We regret any association we had with the man, but did not help him commit his heinous acts,’ she added. ‘We ended our relationship with him years before his arrest on sex trafficking charges.’

In an earlier post on Friday, Trump said that ‘Epstein was a Democrat,’ and therefore is the ‘Democrat’s [sic] problem,’ not the Republicans’ problem. He also accused the Democrats of ‘doing everything in their withering power to push the Epstein Hoax again, despite the DOJ releasing 50,000 pages of documents.’

Trump then said lawmakers should not ‘waste’ time looking into him and instead should focus on the Democrats he later named in the post announcing the probe.

On Wednesday, Oversight Committee Democrats released never-before-seen emails related to the Epstein case. The first email is between Epstein and Ghislaine Maxwell. Epstein writes, ‘I want you to realize that the only dog that hasn’t barked is Trump,’ adding that the now-president ‘spent hours at my house’ with a victim.

In the second email, the disgraced financier told Michael Wolff that Trump ‘knew about the girls as he asked Ghislaine to stop.’

Oversight Committee Ranking Member Rep. Robert Garcia, D-Calif., called on the DOJ to release all the Epstein files ‘immediately.’

‘The more Donald Trump tries to cover up the Epstein files, the more we uncover,’ Garcia said in a statement. ‘These latest emails and correspondence raise glaring questions about what else the White House is hiding and the nature of the relationship between Epstein and the president.’

The emails were released the same day that Trump signed a bill ending the longest government shutdown in U.S. history. The timing led Trump to accuse Democrats of using Epstein to distract the public from the shutdown fiasco.

Following the Democrats’ email drop, the White House press secretary Karoline Leavitt told Fox News Digital that the lawmakers ‘selectively leaked emails to the liberal media to create a fake narrative to smear President Trump.’

In response to the release of the emails, Oversight Committee Republicans said Democrats ‘whine about ‘releasing the files,’ but only cherry-pick when they have them to generate clickbait. You deserve the full truth.’ Included in the tweet was a link with what the Republicans said was an additional 20,000 pages of documents from the Epstein estate.

Rep. Nancy Mace, R-S.C., a member of the Oversight Committee, slammed Democrats and accused them of ignoring the stories of Epstein’s victims in order to focus on Trump.

‘How pathetic that Democrats are using Epstein’s victims to bury headlines on their vote against reopening the government,’ Mace wrote on X.

Fox News Digital reached out to representatives for Clinton, Summers and Hoffman for comment.

Fox News Digital’s Leo Briceno contributed to this report.

This post appeared first on FOX NEWS