Gold in Strong Rise: Miners Profit, But Volatility Hovers Over the Sector

Gold surged to nearly $4,000 an ounce in October, and miners are laughing all the way to the bank. Assets in gold ETFs reached $407 billion globally in 2025 — an impressive volume that reflects investors' hunger for safe-haven assets.

Why Does the Price Rise So Much?

Three factors in the revenue: rate cuts by the Federal Reserve ( making gold more attractive ), geopolitical tensions ( always good to have gold under the mattress ) and, especially, central banks accumulating gold as part of a wave of dedollarization.

The Good Side for Miners

When the price of gold hits highs, margins explode. The operating costs of these mines are basically fixed — so each extra ounce sold at $4,000 instead of $3,000 goes straight to profit. Result: record revenues, rising stocks, and investors applauding.

The Bad Side (E There is a )

But not everything that glitters is gold. The sector faces:

• Deposits running out (good mines don't last forever)
• Environmental regulations tightening (solar panels and environmental panels do not mix well)
• Geopolitical risks in unstable mining regions
• Possible tax changes

In October, mining stocks corrected 6-8% as: investors took profits, the dollar strengthened, and some geopolitical tensions eased.

Silver Also Rose

It's not just gold. Silver had its own celebration — both as a safe haven and for industrial demand (solar panels, electronics). Double boost.

What Does From Here On Mean?

The trend of de-dollarization by central banks is real and should continue to support gold. Mining companies are reinventing themselves: technology, geographic diversification, mergers, and acquisitions. The sector is not immune to volatility, but long-term trends point upwards.