With Gold Higher on Monday, Miners Say They Remain on Track for Annual Guidance - TradingView

AI desk brief

December gold futures rose 1.21% to $4,124.10/oz at 10:20 a.m. ET on Nov. 9, 2026, on delayed CME quotes, while five producers reaffirmed annual output guidance. WGC reported Q3 central-bank purchases of 321 tonnes, up 42% year on year, and physically backed ETF additions of 211 tonnes, taking holdings to a record 4,256 tonnes; mine production rose 3% to 1,071 tonnes. Investment demand could support bullion, but WGC’s Louise Street called the year-end outlook finely balanced between interest-rate headwinds and geopolitical or financial stress. Agnico expects output near guidance’s lower end; Alamos delayed shaft commissioning to mid-2027.