Advertisement/Advertising - This article is distributed on behalf of Skeena Gold & Silver Ltd. and Vizsla Silver Corp., with whom SRC swiss resource capital AG has paid IR advisory agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: April 15, 2026, 9:20 a.m. Zurich/Berlin ·
According to the World Gold Council, the decline in the price of gold in March was primarily driven by debt reduction in the financial markets and liquidity dynamics. This was compounded by rising bond yields and speculation regarding gold sales by central banks (Turkey). The fundamentals for the precious metal look strong, although risks regarding volatility remain. The price of gold rises when more gold is bought than sold. Now, pressure from a strong dollar also appears to be easing. ETF inflows into gold in early April also indicate that investors remain positive about gold.
Even though the topic of interest rate hikes came up briefly, it can also fade away just as quickly. If there is a slump in demand triggered by movements in the consumer price index, this strengthens the case for monetary easing. If oil prices remain very high for an extended period, this would likely lead to further deleveraging across various asset classes (stock sales) and possibly to further mobilization of gold. Liquidity needs could therefore weigh on the gold price in the short term.
However, investors should focus on the bigger, positive picture. Year-over-year, the gold price is still up. Overall, there are signs of stabilization in the gold price. The precious metal should therefore resume its positive trend, even though it has lost value against all major currencies. The strong demand for gold from Asia is encouraging, and potential interest rate cuts by the U.S. Federal Reserve will support the gold price. For example, Deutsche Bank currently forecasts a gold price between $5,300 and $5,800 for 2026.
Skeena Gold & Silver - https://www.commodity-tv.com/ondemand/companies/profil/skeena-gold-silver-ltd/ - is developing a high-grade, low-cost gold-silver project (Eskay Creek) in British Columbia. The project is fully permitted and is now under construction. Production is scheduled to begin and initial cash flow is expected in the second quarter of 2027. Two previously producing projects remain in focus.
Vizsla Silver - https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ - owns the previously producing Panuco gold-silver project in Mexico. Annual production is expected to reach 15.2 million ounces of silver equivalent. The feasibility study yielded very positive results.
Current company information and press releases from Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -) and Skeena Gold & Silver (- https://www.resource-capital.ch/en/companies/skeena-resources-ltd/ -).
You can also find further information in our new Precious Metals Report at the following link: https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/
Sources: Vizsla Silver, Skeena Gold & Silver,
https://www.gold.org/goldhub/research/market-primer/gold-market-primer-market-size-and-structure?utm_medium=email&utm_source=newsletter&utm_campaign=GOLDHUB%3A+Your+Weekly+Gold+Market+Round-up%2C+April+10%2C+2026;
https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/
In accordance with Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of Regulation (EU) 2016/958 (MAR), we hereby disclose that authors/employees/affiliated companies of SRC swiss resource capital AG may hold positions (long/short) in issuers discussed. Remuneration/relationship: IR contracts/advertorial: Own positions (author): none; SRC net position: less than 0.5%; issuer's stake in SRC ≥ 5%: no. Update policy: no obligation to update. No guarantee for the translation into German. Only the English version of this news release is authoritative.
Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly draw attention to the risks involved in securities trading. No liability can be accepted for any damage arising from the use of this blog. We would like to point out that shares and, in particular, warrant investments are generally associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the accuracy of all content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but does not claim to be accurate or complete. Due to court rulings, the content of linked external sites is also our responsibility (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 - 312 O 85/98), as long as we do not expressly distance ourselves from them. Despite careful content control, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of SRC swiss resource capital AG, which is available at https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.
According to the World Gold Council, the decline in the price of gold in March was primarily driven by debt reduction in the financial markets and liquidity dynamics. This was compounded by rising bond yields and speculation regarding gold sales by central banks (Turkey). The fundamentals for the precious metal look strong, although risks regarding volatility remain. The price of gold rises when more gold is bought than sold. Now, pressure from a strong dollar also appears to be easing. ETF inflows into gold in early April also indicate that investors remain positive about gold.
Even though the topic of interest rate hikes came up briefly, it can also fade away just as quickly. If there is a slump in demand triggered by movements in the consumer price index, this strengthens the case for monetary easing. If oil prices remain very high for an extended period, this would likely lead to further deleveraging across various asset classes (stock sales) and possibly to further mobilization of gold. Liquidity needs could therefore weigh on the gold price in the short term.
However, investors should focus on the bigger, positive picture. Year-over-year, the gold price is still up. Overall, there are signs of stabilization in the gold price. The precious metal should therefore resume its positive trend, even though it has lost value against all major currencies. The strong demand for gold from Asia is encouraging, and potential interest rate cuts by the U.S. Federal Reserve will support the gold price. For example, Deutsche Bank currently forecasts a gold price between $5,300 and $5,800 for 2026.
Skeena Gold & Silver - https://www.commodity-tv.com/ondemand/companies/profil/skeena-gold-silver-ltd/ - is developing a high-grade, low-cost gold-silver project (Eskay Creek) in British Columbia. The project is fully permitted and is now under construction. Production is scheduled to begin and initial cash flow is expected in the second quarter of 2027. Two previously producing projects remain in focus.
Vizsla Silver - https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ - owns the previously producing Panuco gold-silver project in Mexico. Annual production is expected to reach 15.2 million ounces of silver equivalent. The feasibility study yielded very positive results.
Current company information and press releases from Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -) and Skeena Gold & Silver (- https://www.resource-capital.ch/en/companies/skeena-resources-ltd/ -).
You can also find further information in our new Precious Metals Report at the following link: https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/
Sources: Vizsla Silver, Skeena Gold & Silver,
https://www.gold.org/goldhub/research/market-primer/gold-market-primer-market-size-and-structure?utm_medium=email&utm_source=newsletter&utm_campaign=GOLDHUB%3A+Your+Weekly+Gold+Market+Round-up%2C+April+10%2C+2026;
https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/
In accordance with Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of Regulation (EU) 2016/958 (MAR), we hereby disclose that authors/employees/affiliated companies of SRC swiss resource capital AG may hold positions (long/short) in issuers discussed. Remuneration/relationship: IR contracts/advertorial: Own positions (author): none; SRC net position: less than 0.5%; issuer's stake in SRC ≥ 5%: no. Update policy: no obligation to update. No guarantee for the translation into German. Only the English version of this news release is authoritative.
Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly draw attention to the risks involved in securities trading. No liability can be accepted for any damage arising from the use of this blog. We would like to point out that shares and, in particular, warrant investments are generally associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the accuracy of all content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but does not claim to be accurate or complete. Due to court rulings, the content of linked external sites is also our responsibility (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 - 312 O 85/98), as long as we do not expressly distance ourselves from them. Despite careful content control, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of SRC swiss resource capital AG, which is available at https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.
