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Panthera Resources Plc

Gold jumps back above $1500 mark

Gold quickly reversed an early Asian session dip and rallied back above the key $1500 psychological mark to hit three-day tops in the last hour.

The US President Donald Trump’s decision to delay a planned tariff hike on Chinese goods by two weeks to October 15 added to the recent encouraging signs and contributed to improving global risk sentiment, which eventually exerted some downward pressure on traditional safe-haven assets – like Gold.

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.