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Panthera Resources Plc

Gold price recovers

Gold has once again held at $1485, while oil prices are moving higher after finding support on Tuesday.

The gold price has once again found support at $1485, potentially providing a base off which it may be able to rally.

A push above $1495 would be a good first step, and would then put it on a path to hit $1515. A move back below $1480 breaks this zone of support, opening the way to $1460.

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.