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Standard Chartered Remains Upbeat On Gold Prices

The outlook for gold prices remains positive, with the metal still retaining the $1,300-an-ounce level that the market reclaimed late last month, says Standard Chartered. Among other factors, the bank points out that Federal Reserve policymakers reiterating a patient stance on further tightening of monetary policy has offset the impact to gold of an equity-market recovery.

 

Altus Strategies PLC (LON:ALS) is a project generator focused on Africa, including projects in the Ivory Coast. Their aim is to deliver superior shareholder returns by cost-efficiently discovering multiple projects simultaneously, prior to entering joint ventures with third parties who fund the next phases of exploration and development. 

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