VanEck Merk Gold Trust

OUNZ

Market cap $2.28B

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Gold market surges to new highs on Fed rate cut expectations and rising U.S.-China tensions. Traders eye $4200 and monitor Powell's upcoming remarks.

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 reputation as a hedge against inflation is constantly repeated until everyone just assumes it's true.

The European Commission's proposal to tap frozen Russian state assets for financial aid to Ukraine is rattling some central banks, which could further accelerate gold purchases for storage outside Western jurisdictions, analysts say.

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The gold market continues to see a bit of strength in the early part of the Tuesday session, but it also looks as if it is seeing a bit of hesitation at these lofty levels. This market continues to attract a lot of headlines, so it will remain noisy.

Oil prices fell more than 2% on Tuesday as oversupply concerns and escalating tensions between the US and China weighed on sentiments.  Meanwhile, gold prices extended its rally above the $4,100 per ounce mark on expectations of interest rate cut by the US Federal Reserve.

As gold prices approach the unprecedented $4,200 mark, two mid-tier gold mining companies, Iamgold Corp. (NYSE:IAG) and SSR Mining Inc. (NASDAQ:SSRM), are not just riding the commodity rally; they are also showing notable improvement in their operational quality.

G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) announced that the Tocantinzinho Gold Mine in Brazil produced 46,360 ounces of gold during the third quarter of 2025, an increase of 9% over the previous quarter.  The mining company also said it produced 124,525 ounces of gold year to date as of the end of September 2025.