Even though gold and luxury are often linked, the fundamentals speak in favor of gold.
Advertisement - This article is distributed on behalf of Fortuna Mining Corp. and Gold X2 Mining Inc., with which SRC swiss resource capital AG has paid IR advisory agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: May 16, 2026, 4:30 p.m. Zurich/Berlin ·
According to the World Gold Council, roughly half of annual gold demand goes to the jewelry sector. $47 billion was spent on gold jewelry in the first quarter of 2026 alone. This was a record figure for a first quarter. Despite lower volumes, it was the high gold prices that drove the record. Half of global jewelry demand comes from India and China. In the U.S. luxury market, for example, there are handbags and clothing, but jewelry was the top-selling category at the end of 2025. Tiffany, for instance, achieved record global sales.
It is also interesting to note that wealthy investors (private markets) have increased the share of gold in their portfolios from five to eleven percent, according to an HSBC report. And 41 percent of them plan to purchase gold in the next twelve months. According to the U.S. Securities and Exchange Commission, accredited investors with more than $1 million in net worth hold twice as many gold investments as non-accredited investors.
Gold mining companies manage the raw materials supply chain; without them, there would be no gold production. Global wealth is growing. The rich are getting richer, and at an ever-accelerating pace. Never before have private individuals worldwide been wealthier than they are today. Further growth in average wealth per adult is expected over the next five years. Wealth should be invested as wisely as possible. And the fact that German gross financial assets are growing is primarily due to gains in the value of securities. So why not also invest in gold mining stocks to diversify your portfolio?
Gold X2 Mining (- https://www.commodity-tv.com/ondemand/companies/profil/gold-x2-mining-inc/ -) owns the advanced Moss Gold Project (gold, silver, copper) in Ontario. Wholly owned, the project is equipped with top-notch infrastructure and is once again delivering excellent drill results. In addition, Gold X2 Mining has acquired Kesselrun Resources, thereby expanding the Huronian Gold Project and, consequently, the land package of the Moss Project.
Fortuna Mining (- https://www.commodity-tv.com/ondemand/companies/profil/fortuna-mining-inc/ -) is a successful gold and silver producer with mines in West Africa and Latin America. In the first quarter of 2026, $20 million was returned to shareholders through share buybacks. This led to new quarterly record results in terms of profit and cash flow. The company is advancing the Diamba Sud gold project in Senegal. Through an agreement with Qstone, Fortuna Mining can acquire an interest in the Quartzstone gold project in Guyana.
Current company information and press releases from Gold X2 Mining (- https://www.resource-capital.ch/de/unternehmen/gold-x2-mining-inc/ -) and Fortuna Mining (- https://www.resource-capital.ch/de/unternehmen/fortuna-mining-corp/ -).
You can also find further information in our new Precious Metals Report at the following link:
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.
Sources: GoldX2 Mining, Fortuna Mining,
https://www.usfunds.com/resource/why-our-luxury-fund-holds-banks-and-gold-miners/;
https://internationalservices.hsbc.com/quality-of-life/affluent-investor-snapshot/;
https://www.zeit.de/wirtschaft/2025-09/vermoegen-weltweit-haushalte-golbal-wealth-report;
https://www.ubs.com/global/de/media/display-page-ndp/de-20250618-gwr-2025.html;
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.
Pursuant to Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of the Market Abuse Regulation (MAR) (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 ≥ 5% in SRC: no. Update Policy: no obligation to update. No guarantee regarding the German translation. Only the English version of this news release is authoritative.
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