Business

Miners Ride Wave Past $3,800 Gold as Fed Cuts Drive Record Central Bank Buying Spree

Miners Ride Wave Past $3,800 Gold as Fed Cuts Drive Record Central Bank Buying Spree Ca...

articleAbcourt Mines, Inc. Class BSeptember 24, 20254/company/abcourt-mines-inc/news/miners-ride-wave-past-dollar3800-gold-as-fed-cuts-drive-record-central-bank-buying-spree-2
Miners Ride Wave Past $3,800 Gold as Fed Cuts Drive Record Central Bank Buying Spree

About this update from Abcourt Mines, Inc. Class B

[{"type":"text","content":"\n\n\n\n Miners Ride Wave Past $3,800 Gold as Fed Cuts Drive Record Central Bank Buying Spree\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n USA\n \n News Group\n \n\n\n News Commentary\n \n\n\n\n Issued on behalf of GoldHaven Resources Corp.\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Sept. 24, 2025\n \n\n /CNW/ --\n \n\n\n USA\n \n News Group\n \n\n\n News Commentary\n \n – Gold's historic rally past\n \n $3,800\n \n per ounce has accelerated following September's Federal Reserve rate cut, with international futures recently settling at\n \n $3,705.80\n \n as investors pile into the precious metal\n \n [1]\n \n . Central banks have fueled this momentum through unprecedented accumulation exceeding 1,000 tonnes annually for three consecutive years, with\n \n China\n \n alone extending its 10-month buying streak through\n \n August 2025\n \n\n [2]\n \n . Meanwhile, mining companies are responding with aggressive exploration programs, as recent drill results continue to intersect high-grade mineralization across key jurisdictions. This perfect storm of monetary policy shifts and supply-side developments positions\n \n GoldHaven Resources Corp.\n \n (CSE: GOH) (OTCQB: GHVNF),\n \n Miata Metals Corp.\n \n (CSE: MMET) (OTCQB: MMETF),\n \n Abcourt Mines Inc.\n \n (TSXV: ABI) (OTCQB: ABMBF),\n \n Aurion Resources Ltd.\n \n (TSXV: AU) (OTCQX: AIRRF), and\n \n B2Gold Corp.\n \n (TSX: BTO) (NYSE-American: BTG).\n \n\n\n\n\n\n\n\n\n Investment banks are forecasting even higher prices ahead, with Goldman Sachs projecting gold could reach\n \n $4,000\n \n by mid-2026\n \n [3]\n \n and potentially surge toward\n \n $5,000\n \n per ounce under certain monetary policy scenarios\n \n [4]\n \n . With 95% of central banks expecting continued reserve increases over the next 12 months and persistent geopolitical tensions driving safe-haven demand\n \n [2]\n \n , the structural shift toward gold appears positioned to sustain the precious metal's remarkable run through 2025 and beyond.\n \n\n\n GoldHaven Resources Corp.\n...

More updates from Abcourt Mines, Inc. Class B