RE: Q&A26 Jan 2026 16:22
Dear Deedee1
We believe 2026 could be even stronger than 2025 for gold, gold miners, and royalty companies. While silver has been dominating the headlines, we’re expecting a strong move in gold toward $5,500 by Chinese New Year. Our $5,000 forecast by Australia Day was achieved today, and $7,000 by year end may prove conservative.
Below is an interview I did with Erik Renander from YWR, where we talk about gold, our journey so far with Chancery Royalty, and provide updates on Pilar Gold, Laiva Gold, Tucano Gold, and Gold Road.
$7,000 Gold with Jeremy Gray - Video Interview on YWR
It’s also exactly 10 years since we backed K92 Mining when it was private, buying a quarter of the company at C$0.18 per share (plus a full warrant) compared to today’s price of C$28 (~C$6.8 billion market cap) with a 0.5% royalty and 18,000 ounces gold stream for only $C10.5 million. It probably deserves to be in the Guinness Book of Records, but today Chancery Royalty is also ready to shine, with four long-life royalties that we believe clearly differentiate us from our peers.
Hope you enjoy the interview with Erik.