Equity Insider News Commentary
Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER, BC, Oct. 1, 2025 /CNW/ -- Equity InsiderNews Commentary -- Gold prices broke past $3,800 an ounce for the first time Monday, hitting a record high as expectations of further U.S. rate cuts and concerns about a potential government shutdown fueled safe-haven demand[1]. The precious metal's inflation-adjusted price reached its first record since 1980 earlier this month, with Deutsche Bank now forecasting gold could rise above $4,000 by year-end, implying a full-year return exceeding 50%[2]. This rally has sparked a notable shift in institutional positioning, with firms like Southern Capital Advisors initiating new positions in junior gold mining funds as buy-side attendance at key industry events surged more than 30%[3], signaling growing confidence in companies across the exploration and development spectrum, including Lake Victoria Gold (TSXV:LVG.VN) (OTC-BB:LVGLF), Omai Gold Mines Corp. (TSXV:OMG.VN) (OTC-BB:OMGGF), Integra Resources Corp. (NYSE-American:ITRG) (TSXV:ITR.VN), Sun Summit Minerals Corp. (TSXV:SMN.VN) (OTC-BB:SMREF), and Northern Superior Resources Inc. (TSXV:SUP.VN) (OTC-BB:NSUPF).
Read more at newswire.ca