Gold’s rise this week has crossed from momentum to statement. Pushing through $3,900 an ounce, the metal now edges toward $4,000, a level that seemed distant only weeks ago.
The continued US government shutdown has disrupted data flow, delayed key economic releases, and injected uncertainty into markets that were already struggling with mixed signals on inflation and growth. With bond yields softening, the cost of holding non-yielding assets is shrinking.
The US dollar’s recent weakness has added further lift. For non-US buyers, bullion is becoming cheaper, extending demand beyond domestic markets. Central banks, meanwhile, have remained steady accumulators, maintaining the underlying bid that has supported gold throughout the year.
DynaResource, Inc. (OTCQX:DYNR) is a dynamic emerging junior gold company currently conducting test mining and milling activities, producing rich gold concentrates, and continuing exploration activity, through its 100% owned subsidiary in Mexico, DynaResource de Mexico SA de CV., at DynaMéxico’s wholly owned project – San Jose de Gracia;