i was estimating $5,000 by CNY due to Chinese buying, But looks like i am too late!   
MrBear12 ( Date: 23-Jan-2026 09:45) Posted:
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Five thousand shld break soon
Now off to ten thousand
Then 万 岁 万 岁 万 万 岁
Gold always outshines
🐻
Catrade ( Date: 23-Jan-2026 09:44) Posted:
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Thks 😊 ! Typo error should be US$4,950/z 
prophetjul ( Date: 23-Jan-2026 09:40) Posted:
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You mean $4,900?  :)
Catrade ( Date: 23-Jan-2026 09:38) Posted:
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Wow 🤩 ! Spot Gold had shot to US$4,500/z, very likely it can reach US$5k within this week. 
CNMC is like printing money from its mine (both silver n gold) breaking records after record! 
Looking at its price movement yesterday (from the start of the bell), someone(BB) is shorting its price from 1.31 to 1.23 so as to flash out weak holders so as to accumulate... just like Comex paper gold shorting price compares to Shanghai real physical gold price. 
Current CNMC price is too cheap!!! 
CNMC is like printing money from its mine (both silver n gold) breaking records after record! 
Looking at its price movement yesterday (from the start of the bell), someone(BB) is shorting its price from 1.31 to 1.23 so as to flash out weak holders so as to accumulate... just like Comex paper gold shorting price compares to Shanghai real physical gold price. 
Current CNMC price is too cheap!!! 
At least 10c buffer before CNMC hits a new high
| ozone2002 ( Date: 21-Jan-2026 09:56) Posted: |
Aspial move faster than gold mine lol irony
LoudShout ( Date: 23-Jan-2026 08:56) Posted:
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Gold breaking new highs, time for CNMC to break their new high too!
https://www.reuters.com/world/india/gold-falls-easing-geopolitical-tensions-dampen-safe-haven-demand-2026-01-22/
https://www.reuters.com/world/india/gold-falls-easing-geopolitical-tensions-dampen-safe-haven-demand-2026-01-22/
ozone2002 ( Date: 22-Jan-2026 12:30) Posted:
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Yesterday flush was a good base to spring to $1.50 - $2
not much time left to feb reporting....:)
not much time left to feb reporting....:)
CNMC new high going to be earlier than expected
Probably quite accurate! 
Delvyss ( Date: 23-Jan-2026 08:47) Posted:
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Old news back in Oct 2025.
Delvyss ( Date: 23-Jan-2026 08:47) Posted:
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A trip down memory lane .....
" While CNMC Goldmine could fall back down in the near term, it may soar to  S$1.78 by Q2 2026"
https://www.businesstimes.com.sg/companies-markets/sgx-listed-stock-over-400-year-gold-rush-where-will-it-go-here
" While CNMC Goldmine could fall back down in the near term, it may soar to  S$1.78 by Q2 2026"
https://www.businesstimes.com.sg/companies-markets/sgx-listed-stock-over-400-year-gold-rush-where-will-it-go-here
Hopefully it will break the ATH of $1.39.
The only overhang is the approx. additional S$9.4 million tax implication.
But even with a provison for that, we should see great earnings for the 2H 2025. 
 
The only overhang is the approx. additional S$9.4 million tax implication.
But even with a provison for that, we should see great earnings for the 2H 2025. 
 
Shortist beware. Gold price leaped to a record high again. Yesterday retracement has covered the gap up and expected today to open gap up at close to 130 and will gallop like the fiery red horse charging back to 135 again? :)
For reference only:
CNMC continues to benefit from operational upgrades, with its 60% CIL plant expansion lifting throughput from 500 to 800 tonnes per day, supporting higher and more stable gold production. Development of the additional Sokor underground mining facility is progressing, with completion guided for 1H26, though potential water management issues could push operations into 2027. Phillip Securities raised its gold price forecast by 13% to US$4,300/oz, driving a 6.6% uplift to FY26E PATMI, while highlighting upside from earlier-than-expected underground completion and higher dividend payouts. With capex peaking, a net cash position, and dividends already exceeding FY24 levels in 1H25, management has room to further enhance shareholder returns. BUY is maintained with a higher target price of S$1.47, implying ~30% upside.
CNMC continues to benefit from operational upgrades, with its 60% CIL plant expansion lifting throughput from 500 to 800 tonnes per day, supporting higher and more stable gold production. Development of the additional Sokor underground mining facility is progressing, with completion guided for 1H26, though potential water management issues could push operations into 2027. Phillip Securities raised its gold price forecast by 13% to US$4,300/oz, driving a 6.6% uplift to FY26E PATMI, while highlighting upside from earlier-than-expected underground completion and higher dividend payouts. With capex peaking, a net cash position, and dividends already exceeding FY24 levels in 1H25, management has room to further enhance shareholder returns. BUY is maintained with a higher target price of S$1.47, implying ~30% upside.
Cross $4900! 🤞
Central Banks in the world will continue to stockpile Gold to reduce the risky Dollars.
Wow gold turning green my turn to hide kthxbye !
Extracted from the below link:
Jan 22 (Reuters)
Goldman Sachs has raised its end-2026 gold price forecast to $5,400 per ounce from $4,900/oz earlier, noting private-sector and emerging market central &zwnj banks' diversification into gold.
Spot gold climbed to a peak of $4,887.82 &zwnj per ounce on Wednesday. The safe‑ haven metal has climbed more than 11% so far in 2026, extending a blistering rally that saw it jump 64% last year.
" We assume private sector &zwnj diversification buyers, whose purchases hedge global policy risks and have driven the upside &zwj surprise to our price forecast, don' t liquidate their gold holdings in 2026, effectively lifting the starting point of our price forecast," the brokerage said in a note dated &zwnj Wednesday.
Goldman Sachs expects Western ETF holdings to rise as the U.S. Federal Reserve is likely to cut the funds rate by 50 basis points in 2026.
The brokerage also expects central bank buying to average 60 tonnes in 2026 as emerging market central banks are likely to continue diversification of their reserves into gold.
Meanwhile, a sharp reduction in perceived risks &zwj around the long-run path for global monetary policy would pose downside risk to gold prices if it were to cause liquidation of macro policy hedges, Goldman Sachs said.

