On July 21, 2026, Kitco News published an interview with Sameer Samana, Wells Fargo's global head of equity and real asset strategy.
On July 2, 2026 (Toronto time), Agnico Eagle Mines Limited (NYSE/TSX: AEM), the world's second-largest gold producer, announced that on July 1 local time, a rock mass movement occurred on the north wall of the Barnat open pit within the Canadian Malartic mine complex in Quebec, Canada.
On June 19, Goldman Sachs slashed its gold price target by $500 per ounce, lowering it from $5,400 to $4,900 by year-end.
In early 2026, the gold price broke through $5,600, rising nearly fourfold in six years, with a gain of over 60% in 2025. However, the global gold mining index rose only 35%–45% over the same period, significantly underperforming gold ETFs. Affected by high all-in sustaining costs (AISC), mining companies failed to enjoy the benefits of the surging gold price, resulting in a divergence where gold prices hit record highs while mining stocks struggled.