Monday, January 26, 2026 at 12:10 PM
Zijin Gold International has agreed to acquire Allied Gold Corp.
for $44 per share, marking a significant deal as gold prices reach record highs. The acquisition is subject to regulatory approval.
Eldorado Gold agreed to acquire Foran Mining for approximately 3.8 billion Canadian dollars, or US$2.79 billion, including debt.
Prices for gold, silver and platinum have surged to record levels, and individual investors are celebrating. The pros? Not so much.
Gold prices extended gains on strong safe-haven buying as tensions between the U.S. and Europe over Greenland showed no signs of easing.
Buying the precious metal has become the antidote for market jitters.
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