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On Tuesday, gold hit a new all-time high of $2,670 an ounce, continuing a remarkable rally that’s seen the precious metal gain over 27% since the start of the year. If 2024 ended today, it would mark the best year for gold since 2010, when the asset finished up nearly 30%.
Despite the momentum, many investors still aren’t paying attention to what I consider to be one of the most obvious opportunities in the market today: gold stocks.
27 September ’24 Yahoo.com
Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry executives.
Nearly 80% of mining executives are optimistic about the wider industry’s five-year growth prospects, up sharply from 62% in KPMG’s last global survey in 2022, the business consultancy said on Thursday. The risk of operating in foreign countries is increasing, 78% said.
26 September ’24 Mining.com
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- Investment trends: How Gen Z is investing in stocks, mutual funds, gold
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- 1 in 5 Americans Still Think Gold Is the Best Long-Term Investment – Are They Right?
- Gold Equities Lag Behind Bullion Prices Amid Shifting Investment Dynamics
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