Hochschild Mining Reports 40% Rise in Q1 Gold Prices, Shares Climb 2%

Hochschild Mining reported an average realizable price for gold of $4,471 per ounce in the first quarter of 2026, up nearly 40% from $3,222 per ounce in the equivalent period of 2025. Shares in Hochschild Mining rose over 2% to 672 pence on April 22, 2026, following the release of its trading update for the first quarter.

2 per ounce in Q1 2025. 2 per ounce. ' Landin called the Q1 2026 results a 'solid start' on April 22, 2026.

Hochschild Mining's annual results in March 2026 reported an average gold price of $3,222 per ounce. 79 at the start of London trade on April 22, 2026. JP Morgan predicts gold will average $5,055 per ounce by Q4 2026 and climb toward $5,400 per ounce by end-2027.

Hochschild Mining is a £3 billion firm founded 100 years ago, with major precious metals sites including Mara Rosa in Brazil and San Jose mine in Argentina. The company's shares are listed in London. com reported that haven demand for precious metals amid turmoil on global markets has supported these price levels.

City analysts have noted the outlook for gold this year, citing trade turmoil and geopolitical conflict as factors enhancing its appeal to investors.