Month: June 2020
Located in the mineral-rich Eastern Desert, it will be interesting to see how much gold it can effectively produce. There are still some questions as to how the deposit’s size has been measured exactly.
Several macroeconomic developments may have a direct, or indirect influence on the price of this precious metal. A new price surge is not out of the question.
As the gold supply remains lower than the demand, paying a higher premium will be the only course of action until normalcy ensues.
Looming Second COVID-19 Infection Wave Fuels Demand for Gold as a Safe Haven, Five-digit Price Potential
A new price projection was offered by Myrmikan Capital founder Dan Oliver. He expects the Fed’s balance sheet to trigger a massive demand for gold as a safe haven asset
Goldman Sachs analysts recently shared their outlook on the gold market. Forecasting a bullish gold trend is remarkable, but necessary given the current circumstances.
Thankfully, none of the personnel on site were injured during this armed robbery. Local sources make no mention of any shots being fired or anyone being treated roughly
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