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- ⛏️ Gold Fights Back
👷♀️ Greetings, Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and paint a beautiful picture. 🎨🖼️
📝 Here are the highlights
😎 Gold Fights Back
👏 Kuhn Drilling Completed
🐦 Drilling Wraps, Assays Next
📌 Daily Commodity Prices
Source: TradingEconomics and Numerco.
😎 Gold Fights Back
Gold prices rose by more than 1% today, recovering from recent lows as a weaker US dollar and easing Treasury yields boosted demand for the precious metal.
According to Reuters, spot gold climbed 1.4% to $4,189.99 per ounce, while US gold futures gained 1.4% to $4,215.30.
Falling oil prices helped ease inflation concerns after US President Donald Trump said the US would not attack Iran before November’s midterm elections, supporting hopes that tensions in the Middle East could subside.
However, gold remains vulnerable to further interest-rate increases, with traders still weighing the Federal Reserve’s next move.
Markets were pricing in a 19% chance of a rate hike in October and an 84% probability of at least one increase by December.
👏 Kuhn Drilling Completed
GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) completed its 2026 drill programme at the Kuhn tungsten-skarn target in British Columbia, Canada.
The final hole intersected skarn at depth roughly 80 metres south along strike from a lower skarn zone previously intersected from the first drill pad, providing early evidence of continuity between drill sections.
That earlier lower skarn interval is currently interpreted at approximately 20 to 45 metres true thickness, with magnetite, garnet and diopside skarn alongside semi-massive to massive sulphide and stockwork mineralisation.
Assays from the eight-hole, 1,729-metre programme are pending. Drilling has moved to the D Zone, where historical drilling returned 7.6 metres of 240 g/t silver, 4.73% lead and 4.74% zinc.
📰 In Other News
🐦 Drilling Wraps, Assays Next
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The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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