Mittelstandspresse
30.06.2026
Gold Price – A Correction with Opportunities
Herisau, 30.06.2026 (PresseBox) - Even though gold has recently lost value, the precious metal remains attractive in the long term.
Advertisement – This article is distributed on behalf of Mayfair Gold Corp. and Newcore Gold Ltd., with which SRC swiss resource capital AG has paid IR consulting agreements. Producer: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: June 30, 2026, 7:10 a.m. Zurich/Berlin ·
The gold price is under pressure following a strong upward move; headwinds prevail in the short term. Several major banks and investment firms have revised their gold price forecasts for the current year downward. This primarily reflects a consolidation phase rather than a fundamental questioning of the long-term gold trend. Structurally, the investment thesis remains intact: The global search for a store of value outside the U.S. dollar and the U.S. Treasury market continues to gain importance. At the same time, short-term selling by speculative investors, funds, or government actors can increase volatility.
Many countries continue to rely on gold to diversify their foreign exchange reserves. Precisely for this reason, short-term price fluctuations should not be confused with the precious metal’s long-term role. For long-term, risk-aware investors, the current correction may once again present interesting opportunities to monitor. At the same time, it is important to note that investments in gold and mining stocks remain susceptible to volatility and should always be considered in light of one’s own risk tolerance.
Two forces are currently affecting the price of gold: on the one hand, short-term selling and technical weakness; on the other, the structural demand for a neutral store of value that cannot be arbitrarily multiplied. Should lower prices reignite physical demand and central bank purchases, this could provide additional support for the long-term gold market. What matters most, therefore, is not so much the short-term volatility as whether the structural drivers of gold prices remain in place.
Mayfair Gold - https://www.commodity-tv.com/ondemand/companies/profil/mayfair-gold-corp/ - holds 100 percent ownership of the Fenn-Gib gold project in the Timmins Gold District in northern Ontario. The pre-feasibility study (PFS) published in January 2026 outlines a focused initial development plan: Fenn-Gib is initially to be developed as a conventional open-pit mine, with the mining plan focused on higher-grade material in the early years of production. According to the company, the indicated resource comprises 4.3 million ounces of gold; the PFS mining plan processes 1.04 million ounces of gold over 14.3 years, thereby utilizing only about 24 percent of the total indicated resource. The plan to start small is desinged to go through a much shorter provincial permitting process with expansion opportunity in the future. An average of approximately 71,336 ounces of gold per year is expected in the first six years, subject to further progress in permitting, financing, detailed planning, and construction. A dense grade-control drilling program comprising 56 diamond drill holes confirmed the reliability of the reserve model in the tested starter area and reinforces confidence in the higher-grade material slated for processing during the early years of the mine plan. These results refer to the tested area and should not be automatically extrapolated to the entire resource. Mayfair is also advancing district scale drilling across its land packages in the prolific Porcupine Destor Fault Zone with more updates to come later this year.
Newcore Gold - https://www.commodity-tv.com/ondemand/companies/profil/newcore-gold-ltd/ - is advancing the Enchi Gold Project in Ghana. The 248-square-kilometer project is located along the Bibiani Shear Zone, a gold trend in West Africa with several large gold mines in the region. In June 2026, Newcore announced the results of a pre-feasibility study (PFS) that evaluates Enchi as a conventional open-pit mine with a standard mill and carbon-in-leach processing, utilizing contract mining. At a gold price of $3,800 per ounce, the PFS shows an after-tax net present value at a 5% discount rate of $496 million, an after-tax internal rate of return (IRR) of 37%, and an after-tax payback period of 1.6 years. An average of approximately 128,924 ounces of gold per year is projected for the first three years; with average annual production of approximately 104,000 ounces over a mine life of 9.3 years, and a total gold production of approximately 953,350 payable ounces. The current resource estimate and PFS only incorporate drilling up to October 6, 2025, withmore than 50,000 meters from the 80,000-meter drill program underway at Enchi yet to be included. The program aims to convert resources, grow the resource base, and make new discoveries, with all deposits open along the strike and at depth.
Current company information and press releases from Newcore Gold (- https://www.resource-capital.ch/de/unternehmen/newcore-gold-ltd/ -) and Mayfair Gold (- https://www.resource-capital.ch/de/unternehmen/mayfair-gold-corp/ -).
You can also find more information in our new Precious Metals Report at the following link: https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2026-03/.
Sources: Newcore Gold, Mayfair Gold, Kitco, SRC Swiss Resource Capital AG,
https://www.globenewswire.com/news-release/2026/06/24/3316650/35625/en/newcore-gold-announces-robust-pre-feasibility-study-for-the-enchi-gold-project-ghana.html;
https://mayfairgold.ca/fenn-gib-gold-project/;
https://www.newswire.ca/news-releases/mayfair-gold-reports-final-positive-results-and-analysis-from-grade-control-drilling-program-831106553.html;
https://www.prnewswire.com/news-releases/mayfair-gold-announces-acquisition-of-the-guibord-marriott-and-holloway-properties-from-plato-gold-302732281.html;
https://www.kitco.com/news/article/2026-06-23/golds-pullback-creates-attractive-entry-de-dollarization-turns-structural;
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2026-03/.
Pursuant to Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of the Market Abuse Regulation (MAR) (Regulation (EU) 2016/958), we hereby note that authors, employees, and affiliated companies of Swiss Resource Capital AG (SRC) may hold positions (long/short) in the issuers discussed. Compensation/Relationship: IR contracts/advertorials; author’s own positions: none; SRC net position: less than 0.5%; issuer’s stake in SRC ≥ 5%: no. Update Policy: No obligation to update. No guarantee regarding the German translation. Only the English version of the respective company news releases is authoritative.
Disclaimer: The information provided does not constitute investment advice, an investment recommendation, or a solicitation to buy or sell securities. It is provided solely for informational and promotional purposes. Investments in stocks, particularly in commodity, exploration, and development companies, involve significant risks, including the potential for total loss of the capital invested. All information and sources are carefully researched; however, no warranty is given as to their accuracy, completeness, or timeliness. Forward-looking statements, production targets, economic indicators, and resource and reserve figures are based on company disclosures, technical studies, and assumptions that are subject to change. Historical results, resource estimates, reserves, PFS/PEA metrics, or exploration targets are no guarantee of future production, profitability, or stock price performance. Investors should conduct their own research and, if necessary, seek expert advice before making an investment decision. No liability is assumed for damages arising from the use of this article or linked content. Despite careful review of the content, we assume no liability for external links; the respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG at https://www.resource-capital.ch/de/disclaimer-agb/ also applies.
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Gold Price – A Correction with Opportunities
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