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Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
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.
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 breakout above $5000 hits record $5111.51 on geopolitical chaos and weak dollar. Parabolic rally raises correction concerns as Fed meeting looms.
Nativo Resources PLC (AIM:NTVO, FRA:A3Z) shares moved higher after it engaged Constructora e Inversiones Andina Kuboc C&P SAC as mining contractor for the Bonanza Gold Mine on its wholly owned Tesoro Concession in Peru's Arequipa region. Mining is expected to start during February, with Kuboc set to mobilise an initial 25-person team next week.
The price of gold smashed above $5,000 an ounce on Monday, further lifting shares in precious metals miners around the world. Spot gold surged 1.9% above $5,000 per Troy ounce on Sunday, as Asia Pacific trading opened, rising above $5,090 per ounce in early European trading.
Oriole Resources PLC (AIM:ORR, FRA:S1Y) has received further results from its maiden 2,950 metre diamond drilling programme at the MB01-N target on the Mbe gold project in Cameroon. Oriole said holes MBDD027 to MBDD030 returned multiple gold intersections, including 16.10 metres at 2.49 g/t Au from 152.40 metres in MBDD027, with 1.00 metre at 28.60 g/t Au from 159.50 metres.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN) said gold production for the half-year ended 31 December 2025 rose 51% to 128,296 ounces. The company said it remains on track to meet full-year guidance of 275,000 to 292,000 ounces.
Gold surged past $5,000 as the U.S. dollar weakened sharply, while silver broke above $100 with bullish patterns pointing to further gains amid rising volatility and strong technical momentum.
The precious metal's prices climbed above the psychologically important $5,000-an-ounce level for the first time.
Gold climbed to a fresh all-time high above $5,000 an ounce on Monday. Gold's rally reflects mounting flashpoints from Greenland and Venezuela to the Middle East, reinforcing its role as a hedge amid structurally higher geopolitical risk.