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Gold Eyes $3,500 as Miners Race to Unlock High-Grade Ounces Before Year-End
Gold Eyes $3,500 as Miners Race to Unlock High-Grade Ounces Before Year-End Canada News...

About this update from Cerrado Gold Inc
[{"type":"text","content":"\n\n\n\n Gold Eyes $3,500 as Miners Race to Unlock High-Grade Ounces Before Year-End\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 Issued on behalf of RUA GOLD Inc.\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 5, 2025\n \n\n /CNW/ --\n \n\n Equity Insider\n \n\n\n News Commentary\n \n\n – The upward momentum for gold price projects continues, as the precious metal\n \n\n opened the week above\n \n $3,400\n \n\n\n after a recent labor data revision. Analysts continue to adjust their gold price forecasts, with the next three months\n \n\n looking to hit\n \n $3,500\n \n\n\n , with\n \n\n Fidelity\n \n\n projecting a potential\n \n\n\n $4,000\n \n per ounce\n \n\n price by year-end. And it's not just the bullion dealers that stand to benefit, as gold mining majors are already publicly stating they\n \n\n expect bumper profits\n \n\n as gold's prices and volumes surge. In response, gold miners as a group are\n \n\n leading in gains\n \n\n on spot price on the weak US jobs data, leaving an opportunity for retail investors in the market to take a better look at miners making moves as of late, such as\n \n\n RUA GOLD Inc.\n \n\n (TSXV:\n \n RUA\n \n ) (OTCQB:\n \n NZAUF\n \n ),\n \n\n Dundee Precious Metals\n \n\n (\n \n TSX\n \n :\n \n DPM\n \n ) (\n \n OTCPK\n \n :\n \n DPMLF\n \n ),\n \n\n Gold Resource Corporation\n \n\n (NYSE-American:\n \n GORO\n \n ),\n \n\n Nova Minerals Limited\n \n\n (\n \n NASDAQ\n \n :\n \n NVA\n \n ), and\n \n\n Cerrado Gold Inc.\n \n\n (TSXV:\n \n CERT\n \n ) (OTCQX:\n \n CRDOF\n \n ).\n \n\n\n\n\n\n\n\n\n\n According to a\n \n recent report\n \n from\n \n Reuters\n \n , the TSX is currently approaching its own recent record high, as gold mining shares continue to climb. As gold flirts with all-time highs and silver rips through multi-year resistance, investors are beginning to\n \n rotate into junior miners\n \n as the next logical phase of the precious metals bull run.\n \n\n\n RUA GOLD Inc.\n \n (TSXV: RUA) (OTCQB: NZAUF) just announced a major expansion to its Reefton drill campaign, mobi...