SPDR Gold MiniShares Trust

GLDM

Market cap $27.2B

EQTEC PLC (AIM:EQT) shares soared in Wednesday's early trade, rising over 50%, after it announced a complementary strategic expansion that aims to build on its waste-to-value gasification platform with selective exposure to capital-light resource assets linked to global electrification The company said it is targeting critical and precious metals including copper, gold and rare earth elements, alongside its core gasification technology, to introduce nearer-term cash-flow opportunities. “Selective, capital-light exposure allows us to balance the portfolio and introduce nearer-term value inflexion points while remaining aligned with the same electrification and decarbonisation drivers," said chief executive James Parsons.

Gold consolidates below $4,640 as CPI cools and rate cut hopes rise, while silver holds a bullish channel with upside targets near $94.50.

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) reported that gold production at its Blanket Mine, in Zimbabwe, met guidance for the 2025 financial year and outlined its production and cost expectations for 2026. The company said Blanket produced 76,213 ounces of gold in FY 2025, which was within the increased guidance range of 75,500 to 79,500 ounces.

Gold prices are holding above $4,600 as soft U.S. inflation data, rising geopolitical tensions, and bullish technical patterns support a continued rally toward $5,000 for gold and a potential breakout above $100 for silver.

Gold edged higher in early Asian trade, supported by ongoing geopolitical tensions that typically enhance the safe-haven appeal of the precious metal.

Gold briefly set a record high and remains technically strong, with shallow pullbacks and multiple timeframe confirmations suggesting further upside despite nearby Fibonacci-based resistance.

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

Gold's surge over the past 12 months hasn't kept investors from seeking exposure to it in 2026 — although an investment strategy team at Goldman Sachs isn't a fan of the precious metal as a diversifier in portfolios.

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

The price of silver is heading towards the psychologically important $90.00 level.