When Gold Sets Records, the Lowest-Cost Ounces Win the Rerating
(Sponsored) Gold has spent 2026 rewriting its own history. Bullion trades above $4,100 an ounce, more than a fifth higher than a year ago, propelled by relentless central bank buying, persistent inflation and a mine supply base that continues to expand only slowly. At prices like these, investors begin looking beyond ounces in the ground and focus on something equally important: what those ounces cost to produce. The lowest-cost producers often generate the strongest cash flow, making polymetallic deposits with valuable by-product credits increasingly attractive.One company positioned to ...