Gold Hits Record Highs — So Why Are Junior Developers Still Undervalued?
Disseminated on behalf of Axcap Ventures Inc

Gold is currently demonstrating a strong upward trend, supported by a range of macroeconomic and geopolitical factors.
After years of steady upward pressure, gold has recently surpassed its previous all-time highs, trading above $3,400 per ounce. 1 This move has been supported by a combination of persistent inflation, rising geopolitical tensions, record levels of sovereign debt, and continued accumulation of gold reserves by central banks. Many analysts view these factors as part of a broader, more sustained trend rather than a temporary spike.
Over the past 12 months, gold has returned approximately +43% 2, outperforming most major asset classes—underscoring the strength of the underlying macroeconomic drivers.
Despite this surge in the spot price, some valuations in the gold mining sector—particularly among junior developers and explorers—have not kept pace. Several companies in this segment continue to trade at significant discounts relative to historical norms, highlighting a widening disconnect between physical gold prices and equity valuations.
This divergence may signal a potential opportunity for investors focused on gold equities. Among the companies in this space, Axcap Ventures (OTC: GARLF | CSE: AXCP) has positioned itself with a strategy that targets undervalued gold assets across North America, aiming to benefit from this evolving market dynamic.
