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.
Investors will be keeping a close eye on Japanese stocks and the yen after Japan's prime minister signaled to counter speculative market activity. Hong Kong Hang Seng index futures were at 26,772, higher than the HSI's last close of 26,749.51.
Gold rose above the psychological $5,000/oz level for the first time amid geopolitical tensions.
U.S. stock futures slumped and gold hit a record high Sunday as investors look ahead to a Fed interest-rate decision and Big Tech earnings this week.
Gold is approaching $5,000 as political tensions, alliance breakdowns, and central bank buying drive a shift in global capital flows toward hard assets, setting the stage for a breakout toward $5,400.
Pinnacle Silver & Gold Corp (TSX-V:PINN, OTCQB:PSGCF, FRA:P9J) earlier this week reported encouraging underground and surface sampling results from the El Potrero gold-silver project in Durango State, Mexico, highlighting expanding vein systems and growing exploration upside. The company said recent work focused on the Estrella vein, located approximately 500 metres from the project's historic main vein.
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Investors don't have as much confidence in U.S. Treasurys as a risk hedge.