Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


Gold still in the interest of investors

Currently the gold price has regained the 1,800 US dollar mark.

Receive up-to-date information about the company directly via push notification

After reaching an all-time high last summer, the gold price underperformed in the first half of 2021. This is because a stronger US dollar and gains in ten-year government bond yields put pressure on the gold price. In addition, investors' risk appetite may have worked against gold as a safe haven. The US labour market report recently caused further losses. But now, two weeks or so later, the gold price was able to stand at just over USD 1,800 again.

There is a lot of speculation at the moment, but the point in time at which the US Federal Reserve will reduce bond purchases again is uncertain and probably not yet close. Currently, ETF holdings have been significantly reduced (by six tonnes), but the gold price has not been impressed by this. The weak performance of the gold price in the first half of the year has not hurt the performance of many mining and exploration companies, there have also been share price rises.

For example, in an examination of the gold stocks that have made the biggest gains since the beginning of the year, Victoria Gold - https://www.youtube.com/watch?v=Rdp4HMM4s-M - was ranked fifth. Year-to-date (as of August 16), Victoria Gold's share price is up nearly 40 percent. Victoria Gold's Eagle gold mine in the Yukon has been producing commercially since July 2020. With 3.3 million ounces of gold in reserve and a life of more than eleven years, it should continue successfully. The Eagle Gold Mine produced more than 32,000 ounces of gold in the second quarter.

Another successful gold company should be GoldMining. Projects in North and South America (gold and copper) give the company one of the largest gold resources in the world. New resource estimates have just been announced for the Titiribi and La Mina projects in Colombia and for the Whistler project in Alaska.

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

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also
applies: https://www.resource-capital.ch/en/disclaimer/

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
SRC Mining & Special Situations ZertifikatSRC Mining & Special Situations Zertifikat