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Panthera Resources Plc

Gold price to climb regardless of election result, analysts say

Gold prices could perform well regardless of who wins the upcoming presidential election, analysts say, pointing to low-interest-rate policy and potential pandemic-related stimulus.

While there are many arguments over who will be the next US president, one thing most appear to agree on is that the price of gold will be higher no matter who is in office, according to analysts at Haywood Securities.

Gold has been on the rise in 2020, catching widespread attention as it rallied to a record-breaking $2,000 per ounce earlier this year.

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.