UK 18:35 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The correction in gold and gold equities may or may not have ended, but right now the numbers are giving a very good impression of the former. As I write, gold is hovering around $1990 per ounce and GDX and GDXJ in the UK are up by 2.2% and 3.3% respectively. My bet is we will see $2000 gold again imminently. Whether I am right or not, in the medium term it is irrelevant: the trend is up and as I have suggested before, gold and gold stocks will head higher. What happens then is a matter covered by Jordan Roy-Byrne of TheDailyGold.com and his answer is very exciting…
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