wn.com - 2 days ago

By Peter Kennedy Gold is likely to remain a strong hedge against economic and political uncertainty, even after hitting another record high at over US$4,200 an ounce on October 15, 2025, analysts say. The price of bullion is up 54% so far this year, a stunning increase that comes as no surprise to Maison Placements Canada Inc. President and CEO John Ing. The Toronto-based mining analyst predicted back in May 2025, that prices were heading above US$4,000 an ounce. In an interview with Resource World, he said the conditions are ripe for prices to go even higher. “It’s a function of supply and demand. There isn’t much supply from the mining side and demand has really picked up.” Ing said he has...

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