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Panthera Resources Plc

Gold is back in fashion

Last year was not a happy one for investors in base metals. The GSCI Industrial Metals index slipped by around 15% from its year-high in June, and the gauge lost another 7% from mid-December to January.

It may have bounced since, but do not expect a sustained revival, says Capital Economics. Base metals prices are likely to weaken as the Chinese economy keeps slowing. The gold price rebound, however and the yellow metal is now above $1,300 for the first time since last summer does look sustainable.

 

Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.