Advertisement/Advertising – This article is distributed on behalf of Osisko Development Corp. and Southern Cross Gold Consolidated Ltd., with which SRC swiss resource capital AG has paid IR advisory agreements. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: 30.09.2025, 12:20 a.m. Zurich/Berlin

A liter of beer costs up to €15.80 this year, around a third more than in 2019. This is not surprising, given that food prices have risen by around 32 percent since 2019. However, gold investors should not be discouraged by the high price. This is because the price of gold has risen by around 30 percent since 2024. For one ounce of gold, Oktoberfest visitors can get 186 liters of beer this year, which is 38 liters more than last year. The only years when one ounce of gold bought more beer were 1980 (227 liters) and 1981. Comparing 2023 with 2025, one ounce of gold is worth 67 liters more. Just like food, if you don’t count beer, beer prices in euros have also risen significantly. Although less beer is being drunk, sales of non-alcoholic beer have almost doubled in the last decade. Equally encouraging for gold investors is the development of the price of the iPhone compared to the price of gold. Compared to the price of gold, the iPhone is becoming increasingly affordable. The current iPhone 17 Pro Max requires "only" 0.47 ounces of gold. In 2022, an iPhone buyer still had to pay 0.87 ounces of gold.

An ounce of gold now costs just under $3,825, another jump in price, breaking the important $3,800 per ounce mark. This means that the precious metal has risen in price by around 45 percent since the beginning of the year. Geopolitical crises and risks are continuing to drive investors toward gold, as are the purchasing desires of central banks and a possible conflict between the US president and the US Federal Reserve. Mining companies with gold in the ground are also delighted.

Osisko Development – https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ – owns the Cariboo Gold (Canada, 100 percent), San Antonio (Mexico), and Tintic (US) projects. Production at Cariboo (approximately 190,000 ounces of gold per year over ten years) is scheduled to start in 2027.

Southern Cross Gold Consolidated – https://www.commodity-tv.com/ondemand/companies/profil/southern-cross-gold-consolidated-ltd/ – owns the Sunday Creek project in Australia. It contains gold and antimony. Excellent drilling results are already available.

Current company information and press releases from Southern Cross Gold Consolidated (- https://www.resource-capital.ch/en/companies/mawson-gold-ltd/ -) and Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -).

Sources:
https://newsroom.proaurum.ch/wiesnbier-gold-ratio-2025-mit-einer-unze-gold-so-viel-bier-wie-seit-vier-jahrzehnten-nicht/

In accordance with Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of Regulation (EU) 2016/958 (MAR), we hereby disclose that authors/employees/affiliated companies of SRC swiss resource capital AG may hold positions (long/short) in issuers discussed. Remuneration/relationship: IR contracts/advertorial: Own positions (author): none; SRC net position: less than 0.5%; issuer’s stake in SRC ≥ 5%: no. Update policy: no obligation to update. No guarantee for the translation into German. Only the English version of this news release is authoritative.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly draw attention to the risks involved in securities trading. No liability can be accepted for any damage arising from the use of this blog. We would like to point out that shares and, in particular, warrant investments are generally associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the accuracy of all content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but does not claim to be accurate or complete. Due to court rulings, the content of linked external sites is also our responsibility (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 – 312 O 85/98), as long as we do not expressly distance ourselves from them. Despite careful content control, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of SRC swiss resource capital AG, which is available at https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.