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Gold Demand Just Broke a Record. Supply Can't Keep Up

VANCOUVER, British Columbia, March 26, 2026 (GLOBE NEWSWIRE) -- Equity Insider News Commen...

articleBanyan Gold Corp.March 26, 20263/company/banyan-gold/news/gold-demand-just-broke-a-record-supply-cant-keep-up-7
Gold Demand Just Broke a Record. Supply Can't Keep Up

About this update from Banyan Gold Corp.

[{"type":"text","content":"Gold Demand Just Broke a Record. Supply Can't Keep UpIssued on behalf of Golden Goose Resources Corp.\nVANCOUVER, British Columbia, March 26, 2026 (GLOBE NEWSWIRE) -- Equity Insider News Commentary — A Reuters poll of analysts forecasts gold will deliver another record-setting year in 2026, with 95% of surveyed central banks expecting global holdings to rise, the highest share ever recorded. U.S. gold demand doubled to 679 tonnes in 2025, a 140% year-over-year increase, while ETF inflows reached 437 tonnes, pushing holdings to a record $280 billion in assets under management.[1] Companies positioned across the gold exploration and production spectrum include Golden Goose Resources (CSE: GGR) (OTCQB: GGRCF), Omai Gold Mines (TSXV: OMG), Banyan Gold (TSXV: BYN), i-80 Gold (TSX: IAU), and Allied Gold (TSX: AAUC). Goldman Sachs raised its end-2026 gold price forecast to $5,400 per ounce, expecting sustained central bank purchasing of 60 to 70 tonnes monthly alongside anticipated Federal Reserve rate cuts. Meanwhile, S&P Global forecasts the all-in sustaining cost for silver will rise 3.8% to $23.44 per ounce in 2026, reflecting broader inflationary pressures reshaping the global mining cost landscape. Golden Goose Resources (CSE: GGR) (OTCQB: GGRCF) recently announced the commencement of systematic geological mapping and channel sampling at its Gran Esperanza Project, a highly prospective gold-silver property spanning 44,400 hectares in the Los Menucos District of Río Negro Province, Argentina. The current program represents the first phase of a comprehensive field campaign designed to better define the epithermal vein system and refine priority exploration targets across the property. Geological crews are conducting property-wide mapping, detailed structural analysis within key mineralized corridors, and systematic channel sampling across exposed quartz veins and alteration zones. Channel samples are being collected at approximately 50-metre intervals along veins to assess grade distribution and strike continuity. Historical results from the property have returned channel samples of 2.0m at 24.0 g/t Au, 5.0m at 13.1 g/t Au, and 1.3m at 11.5 g/t Au, with rock chip samples grading up to 24.4 g/t Au. \"We are pleased to initiate this important phase of exploration at Gran Esperanza. This systematic program is desi...

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