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Gold Surges Past $3,650 on Fed Cuts and Central Bank Demand
Gold Surges Past $3,650 on Fed Cuts and Central Bank Demand Canada NewsWire ...
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[{"type":"text","content":"\n\n\n\n Gold Surges Past $3,650 on Fed Cuts and Central Bank Demand\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\n Issued on behalf of Lake Victoria Gold Ltd.\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Sept. 18, 2025\n \n\n /CNW/ -- Gold has\n \n shattered the\n \n $3,650\n \n barrier\n \n for the first time in history after markets priced in the now-certain\n \n Federal Reserve\n \n rate cuts—the first of this year\n \n [1]\n \n , creating unprecedented momentum for precious metals. The metal's 39% surge this year\n \n [2]\n \n has been amplified by central banks accumulating 900 tonnes of gold reserves\n \n [3]\n \n as nations diversify away from dollar-dominated assets amid mounting geopolitical tensions. This confluence of monetary easing expectations and institutional demand has positioned gold mining companies as prime beneficiaries of the evolving economic landscape, with\n \n Lake\n \n Victoria Gold\n \n\n (TSXV: LVG) (OTCQB: LVGLF),\n \n TRX Gold Corporation\n \n (NYSE-American: TRX) (TSX: TRX.TO),\n \n Dakota Gold Corp.\n \n (NYSE-American: DC),\n \n Fuerte Metals Corporation\n \n (TSXV: FMT) (OTCQB: FUEMF), and\n \n Newmont Corporation\n \n (NYSE: NEM) (TSX: NGT).\n \n\n\n\n\n\n\n\n\n Wall Street's most prominent investment banks are forecasting gold to reach\n \n $4,000\n \n by mid-2026\n \n [4]\n \n , with\n \n Goldman Sachs\n \n targeting\n \n $3,700\n \n by year-end and\n \n UBS\n \n raising its forecast to\n \n $3,800\n \n amid escalating tariff uncertainty\n \n [5]\n \n .\n \n\n\n Lake\n \n Victoria Gold\n \n\n (TSXV: LVG) (OTCQB: LVGLF) has reached a pivotal agreement in principle with the\n \n Government of\n \n Tanzania\n \n\n on the framework for the Government's statutory free carried interest in the Imwelo Gold Project. The breakthrough, announced following productive negotiations held on\n \n September 10, 2025\n \n , in Arusha, removes one of the most significant regulatory hurdles on the pathway to production and establishes a foundation f...