Gold has been quietly (by its standards) creeping up.
Our summer trade idea to buy with the aim of offloading in the winter for a 10%-20% gain has hit the target. As I write it stands at $1,344 an ounce.
But now the bulls are coming out of the woodwork.
Is it time to offload? Is this another false dawn or has this run got legs?
W Resources PLC (LON:WRES) is building a European mining company focussed on delivering long term production of tungsten, a key strategic metal with strong market fundamentals.