Gold Miner Shares Rise as Gold Hits $5,100 an Ounce
January 26, 2026 — Gold mining firms saw their shares climb in early trading. Gold reached $5,100 per ounce. The price moved up as rising fears and market shifts pushed buyers toward gold.
Gold Price Increase History
Gold climbed by about 64% in 2025. This rise marks the strongest move since 1979. The U.S. Fed eased its money rules. Banks around the world bought gold. Investors chose funds that hold gold. Low rates and ongoing doubts spurred demand for this metal. Experts at Societe Generale expect gold to hit $6,000 per ounce by year-end as the market pushes further.
Effect on Gold Miners
When gold moves up, mining firms gain more cash. They use the cash to broaden work, pay dividends, and cut debt. Newmont Corporation shares increased by 4.3% in premarket trading. Barrick Gold Corporation shares went up 3.4%. Canadian firms like Agnico Eagle Mines and Kinross Gold saw near 4% gains.
Silver Shines Too
Silver prices also jumped. Last Friday, silver passed $100 per ounce after a 147% gain last year. Shares of Hecla Mining Company rose by 6.4% and Coeur Mining by 5.3%. U.S. shares of Endeavour Silver, Silvercorp Metals, and Wheaton Precious Metals climbed between 4.3% and almost 6%. ETFs that hold silver, such as abrdn Physical Silver Shares and iShares Silver Trust, moved up by 6.4% and 6%.
Market View
Some expect U.S. interest rates to drop in 2026. Lower rates cut the cost of keeping gold. This change may bring more investors to the metal. Global tensions and loose policies keep gold in favor and could push prices higher in the months ahead.
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