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Gold Holds Above $4,100 as Miners Capture Expanding Profit Margins
Gold Holds Above $4,100 as Miners Capture Expanding Profit Margins Canada NewsWire ...
About this update from Lake Victoria Gold Ltd
[{"type":"text","content":"\n\n\nGold Holds Above $4,100 as Miners Capture Expanding Profit Margins\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\nCanada NewsWire\n\n\nUSA News Group News CommentaryIssued on behalf of Lake Victoria Gold Ltd.\nVANCOUVER, BC, Oct. 27, 2025 /CNW/ -- USA News Group News Commentary – Gold prices held above $4,100 per ounce through late October 2025, extending a year that has delivered over 25% gains since January and positioned the precious metal for its strongest annual performance since 1979[1]. This sustained rally at elevated levels drove mining profit margins to unprecedented territory[2], with producers seeing margins effectively double as operational costs remain relatively stable while gold continues to commands prices above $4,000 per ounce. Against this backdrop of record bullion values and enhanced economics, exploration and development companies across multiple jurisdictions are accelerating programs, among them Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF), Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF), U.S. GoldMining Inc. (NASDAQ: USGO), and Nova Minerals Limited (NASDAQ: NVA).\nBank of America raised its 2026 gold forecast to $5,000 per ounce, citing unorthodox fiscal policies and rising debt levels as persistent tailwinds for the metal[3]. Meanwhile, JPMorgan projects prices averaging $3,675 per ounce by Q4 2025 before climbing toward $4,000 by mid-2026[4], with sustained central bank purchasing and investor demand averaging 710 tonnes quarterly underpinning the forecast, creating compelling timing advantages for companies advancing high-grade projects toward production.\nLake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has reported continued exploration success at its Tembo-area licences, where Barrick Gold's Bulyanhulu joint venture completed 12 reverse-circulation holes totaling 1,380 metres during Q2 2025. The results confirm the geological continuity between Barrick's flagship Tanzanian mine and LVG's 100%-owned adjacent ground.\n\"Barrick's methodical exploration is confirming the...