2,500 US dollars are no longer far in the gold price

Some gold experts see a gold price of 2,500 US dollars coming this year. And this still needs inflows into the gold-backed ETFs. Because if the management of gold assets has strong momentum, then gains in the gold price should prove sustainable. Central banks do want to curb inflation, but this endeavor has not been particularly successful. Core inflation is still a stubborn companion. Nevertheless, the Fed may soon end its rate hike cycle. If so, real interest rates will provide less headwind for the price of the precious metal. One sticking point for higher gold prices is and remains the end of interest rate hikes. And when that happens, gold should get a boost in attractiveness from investors.

The immense gold purchases by central banks and the trend away from the US dollar will give the gold price a further boost. There are increasing signs that the world is gradually becoming a multipolar world. In a multipolar world, the distribution of power is balanced, and states act on an equal footing. That things are moving in this direction is shown by examples of states trading in their own currencies rather than in U.S. dollars. This is true even though only some states are talking about complete de-dollarization. And it is precisely those that use the U.S. dollar that want to hedge with gold. Of course, the recent banking crisis has also had a positive effect on the price of gold. Because when capital is at risk, investors wake up. In addition, the US dollar is becoming weaker and weaker. So investors shouldn't go wrong with an investment in gold and gold stocks. There would be Victoria Gold or GoldMining, for example.
The Dublin Gulch property of Victoria Gold - https://www.commodity-tv.com/ondemand/companies/profil/victoria-gold-corp/ - is located in the Yukon Territory. This consists of the Olive and Eagle gold deposits, the latter of which is already producing gold.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - owns a sizable portfolio of gold and gold-copper projects in North and South America. In addition, GoldMining owns more than 21 million shares of Gold Royalty.

Current corporate information and press releases from Victoria Gold (https://www.resource-capital.ch/en/companies/victoria-gold-corp/ ) and GoldMining (https://www.resource-capital.ch/en/companies/goldmining-inc/ ).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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