Gold prices held above $4,200 amid rising demand and expected Fed rate cuts, boosting exploration and project growth.

Gold stayed above $4,200 per ounce in late 2025, supported by safe-haven demand and expectations of a December Fed rate cut. Mining firms like GoldHaven Resources expanded drilling at Brazil’s Copeçal Gold Project following a major sulfide discovery and increased holdings in British Columbia. Liberty Gold and West Red Lake also advanced permitting and resource projects, with analysts forecasting prices could hit $4,900 by late 2026 amid lower rates and a softer dollar.