USA News Group News Commentary
Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER, BC, Oct. 1, 2025 /CNW/ -- USA News GroupNews Commentary – Gold climbed above $3,800 an ounce for the first time Monday, setting a new record as safe-haven buying gained momentum amid expectations of additional U.S. rate cuts and worries over a possible government shutdown[1]. Adjusted for inflation, the metal already set its first new peak since 1980 earlier this month. Deutsche Bank now projects gold could surpass $4,000 by year-end, which is representing a potential annual return of more than 50%[2]. This surge is reshaping institutional flows, with groups like Southern Capital Advisors taking fresh positions in junior mining funds. Attendance at key industry events has jumped by over 30%[3], highlighting increased confidence in companies across the exploration and development stage, such as Lake Victoria Gold (TSXV:LVG.VN) (OTC-BB:LVGLF), Gold X2 Mining Inc. (TSXV:AUXX.VN) (OTC-BB:GSHRF), Aya Gold & Silver Inc. (TSX:AYA.TO) (OTCQX:AYASF), Rio2 Limited (TSX:RIO.TO) (OTCQX:RIOFF), and Perpetua Resources Corp. (NASDAQ:PPTA) (TSX:PPTA.TO).
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