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⛏ Time to Modernize Gold Law
The Resource Roundup

Good Reads
Time to Modernize Gold Law
Despite gold trading above $3,000/oz, U.S. law still pegs its value at $42.22—set in 1973. This undervaluation masks a $773B unrealized gain on federal balance sheets. Updating the law could allow the Treasury to monetize that gain via gold-backed instruments or deposits with the Federal Reserve without selling any gold. Read on »
Gold Eyes $3,150 Breakout
Gold is rangebound after a record high, but bullish sentiment remains strong as traders await this week’s PCE inflation data and U.S. tariff updates. Further, the dollar’s softness, dovish Fed policy, and geopolitical risk support higher prices. Read on »
Gold Road Rejects $2.1B Bid from Gold Fields
Australian gold producer Gold Road Resources (ASX: GOR) has rejected a $2.1 billion takeover offer from South Africa’s Gold Fields (JSE, NYSE: GFI), arguing the bid undervalues its assets and growth potential. The clash centers on the Gruyere mine in Western Australia, where Gold Road suggested buying out Gold Fields’ stake instead—a move that was rejected. Read on »
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