Gold in demand from ETF investors
Ahead, even if the inflows into the ETFs are slowing down, they are still strong. Since the beginning of the year, more than 300 tons of gold have flowed into the ETFs, bringing global holdings now to about 3,869 tons. That's just one percent below the all-time high in November 2020. Although the price of gold went down in April, high inflation and the Ukraine war are still acting as support. The popularity of gold was not diminished by some pressure on the price. In Europe, a new record high of almost 1,700 tons of gold was recorded in April. There were also inflows into North American funds and regions such as Australia, South Africa, Turkey, Saudi Arabia and the United Arab Emirates. Troubled energy supplies, geopolitical upheavals and slowing economic growth also had an impact here. Gold and commodities as hedges therefore continue to enjoy great appeal. In April, outflows were registered only in Asia.
Investing in gold in inflationary times like these should be worthwhile for investors. After all, the extent to which central banks can put the brakes on inflation is questionable. War, lockdowns and disrupted supply chains are global issues, and the scope for monetary policy is likely to be limited. After all, central banks do not want to stall the economy. And as long as real interest rates in particular are negative, gold will remain attractive. Thus, also investments in gold companies like Maple Gold Mines or Calibre Mining.
Maple Gold Mines - https://www.youtube.com/watch?v=7UPcsGXmoMI - is working with Agnico Eagle Mines on the Douay and Joutel projects in Quebec. A NI 43-101 report has just been filed for both projects.
Calibre Mining - https://www.youtube.com/watch?v=ROarJZeeC2c - is already a gold producer with projects in Nevada, Washington and Nicaragua. The first quarter of 2022 brought record production.
Current corporate information and press releases from Maple Gold Mines (https://www.resource-capital.ch/en/companies/maple-gold-mines-ltd/) and Calibre Mining (https://www.resource-capital.ch/en/companies/calibre-mining-corp/).
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