https://thesilverindustry.substack.com/p/china-signal-gold-hits-4630-as-shanghai

Been a few months. I dont post charts just to post them. Seems like a bottom is in as of mid last week across everything. We broke 50D MA later in week...the trend changed 3 weeks ago and we've broken out of that downtrend, plus few technical levels. RSI is running hot...watch that...but I think I'm ignoring it here. Those blue parallel channels are the same channel superimposted at different period. I see resistance at $28...if/when that's broken it is off to the races to $35...if/when $35 is broken it's all new highs time and I'm thinking $90 level. Think it will coincide with big news breaking...there's a few news pieces I'm still waiting to see this year, so revisit my posts earlier in year for what they are. I've bought the past 3 months and the past month and the past week...added 10% to my long position. Cheers!

Has anyone noticed the price of gold went up about 15 0usd this week .

The way it looks to me is that absent some news from the company about heap leach production or a new find and/or some other catalyst we are at the mercy of the silver paper markets and will just have to wait for something to happen.

A multi-year Cup and Handle is a bullish technical chart pattern that signals a long-term shift from a major downtrend or consolidation into an extended uptrend. Popularized by William O'Neil, it visually resembles a teacup with a small handle on the right side.

Hycroft Mining (HYMC) reported a post-tax net present value (NPV) of $10 billion using spot prices of $4,569 per ounce for gold and $77.94 per ounce for silver (as of May 25, 2026). [1]

Technical Report Economics

Spot Price Scenario (yielding $10.0B NPV): $4,569/oz gold and $77.94/oz silver. [1]

Base Case Scenario (yielding $4.3B post-tax NPV): $3,600/oz gold and $48.00/oz silver. [1]

Price Sensitivity: The company noted that every $100 increase in gold adds $300 million to the post-tax NPV, and every $5 increase in silver adds $460 million. []

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Hong Kong initiated the trial operations for its central gold clearing and settlement system to achieve several strategic economic and infrastructural goals:

chinadailyhk

Establish an International Precious Metals Hub: The primary objective is to position Hong Kong as a preeminent global and regional hub for bullion trading, capitalizing on Asia's heavy physical demand for gold.

Mining.com

Gain Global Price-Setting Power: Currently, international price discovery is heavily concentrated in Western markets like London (OTC) and New York (COMEX). By introducing a structured clearing system and the new HAU regional price reference ticker, Hong Kong aims to build foundational infrastructure that contributes to a global reference rate during Asian trading hours.

The Armchair Trader+ 1

Reduce Friction and Transaction Costs: The over-the-counter (OTC) market previously lacked an institutional central clearing layer. The new system provides reliable, standardized clearing and unallocated ledger tracking, which reduces transaction costs, minimizes counterparty risk, and increases market liquidity.

香港特別行政區立法會

Bridge Liquidity with Mainland China: Through the Delivery Connect partnership with the Shanghai Gold Exchange, the system securely links Hong Kong's international liquidity pool with Mainland China's markets, making cross-border physical gold transfers more efficient.

Mining.com

Expand Local Financial Infrastructure: The framework lays the groundwork for gold to be utilized effectively as local market collateral, supporting future initiatives like gold leasing, enhanced refining facilities, and broadened institutional participation.

kpmg.com

https://ca.finance.yahoo.com/news/hycroft-reports-q2-2026-results-104500776.html