Equity-Insider.com News Commentary — Half of every exploration dollar spent on the planet last year went to gold. That is not a typo. S&P Global’s latest World Exploration Trends report shows global gold budgets surged 11% in 2025 to US$6.2 billion, a record share of all nonferrous spending[1]. At the same time, the World Gold Council projects central banks will buy roughly 850 tonnes of bullion in 2026, extending a four-year sovereign accumulation streak that has quietly reset the price floor under the metal[2]. Budgets are up, sovereign vaults are filling, and the capital is now rotating toward explorers with grade leverage and discovery-stage optionality: Golden Goose Resources (CSE: GGR) (OTCQB: GGRFF), Great Pacific Gold (TSXV: GPAC) (OTCQX: GPGCF), Luca Mining (TSXV: LUCA) (OTCQX: LUCMF), Gold X2 Mining (TSXV: AUXX) (OTCQB: GSHRF), and Nova Minerals (NASDAQ: NVA).
High-Grade Gold Just Became the Scarcest Bet in Mining
