Advertisement/Advertising - This article is distributed on behalf of Revival Gold Inc. and Osisko Development Corp., with which SRC swiss resource capital AG has paid IR consulting agreements. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: December 17, 2025; 7:15 p.m. Zurich/Berlin
For the seventh time, Saxo Bank has looked into its crystal ball and come up with eight scenarios for 2026 that are unlikely but potentially possible and always exciting. Among other things, China is in its sights. In 2026, China could disclose higher gold reserves than previously known. And then it could happen that China backs the yuan with gold. This would create a physically redeemable instrument that would appreciate significantly against the US dollar. According to Saxo Bank, this would result in a global dual currency system that, while not heralding the end of the US dollar, would be a noteworthy alternative. Commodity companies would be able to trade without the US dollar. This would certainly drive up the price of gold.
In any case, major banks and many analysts are optimistic about gold and silver prices for 2026. Goldman Sachs forecasts a price of $4,900 per troy ounce. JPMorgan even sees a price above $5,000. Deutsche Bank is betting on US$4,950. There is also broad agreement on the reasons driving prices up. Low real interest rates, the US Federal Reserve's monetary policy, geopolitical risks, a weaker US dollar, and concerns about high government debt and further possible sovereign crises are strengthening the price of gold.
Added to this are gold purchases by central banks, with emerging markets in particular being eager buyers. And physically backed gold ETFs are seeing inflows. The fundamentals therefore look very good, so the end of the road for gold and silver prices should not yet be reached.
Revival Gold - https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/ - is one of the largest pure gold mine development companies. Revival Gold is developing the Mercur Gold Project in Utah, where drilling is underway and showing very good results. The company is also preparing the permitting process and exploration of the Beartrack-Arnett Gold Project in Idaho.
Osisko Development - https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ - owns, among other things, the flagship Cariboo Gold project (Canada, 100 percent). Production at Cariboo (approximately 190,000 ounces of gold per year over ten years) is scheduled to start in 2027.
Current company information and press releases from Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -).
Sources:
https://www.home.saxo/insights/news-and-research/thought-leadership/outrageous-predictions;
https://www.deraktionaer.de/artikel/pharma-biotech/gold-und-silber-im-rallymodus-wird-2026-ein-weiteres-rekordjahr-20392110.html.
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.
For the seventh time, Saxo Bank has looked into its crystal ball and come up with eight scenarios for 2026 that are unlikely but potentially possible and always exciting. Among other things, China is in its sights. In 2026, China could disclose higher gold reserves than previously known. And then it could happen that China backs the yuan with gold. This would create a physically redeemable instrument that would appreciate significantly against the US dollar. According to Saxo Bank, this would result in a global dual currency system that, while not heralding the end of the US dollar, would be a noteworthy alternative. Commodity companies would be able to trade without the US dollar. This would certainly drive up the price of gold.
In any case, major banks and many analysts are optimistic about gold and silver prices for 2026. Goldman Sachs forecasts a price of $4,900 per troy ounce. JPMorgan even sees a price above $5,000. Deutsche Bank is betting on US$4,950. There is also broad agreement on the reasons driving prices up. Low real interest rates, the US Federal Reserve's monetary policy, geopolitical risks, a weaker US dollar, and concerns about high government debt and further possible sovereign crises are strengthening the price of gold.
Added to this are gold purchases by central banks, with emerging markets in particular being eager buyers. And physically backed gold ETFs are seeing inflows. The fundamentals therefore look very good, so the end of the road for gold and silver prices should not yet be reached.
Revival Gold - https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/ - is one of the largest pure gold mine development companies. Revival Gold is developing the Mercur Gold Project in Utah, where drilling is underway and showing very good results. The company is also preparing the permitting process and exploration of the Beartrack-Arnett Gold Project in Idaho.
Osisko Development - https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ - owns, among other things, the flagship Cariboo Gold project (Canada, 100 percent). Production at Cariboo (approximately 190,000 ounces of gold per year over ten years) is scheduled to start in 2027.
Current company information and press releases from Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -).
Sources:
https://www.home.saxo/insights/news-and-research/thought-leadership/outrageous-predictions;
https://www.deraktionaer.de/artikel/pharma-biotech/gold-und-silber-im-rallymodus-wird-2026-ein-weiteres-rekordjahr-20392110.html.
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.
