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Panthera Resources Plc

The benefits of owning gold

The price of gold has been on an absolute tear this year seeing that spot prices have climbed over 15% through October. The surge higher in gold follows last year’s downturn with the commodity rebounding to its highest level since March 2013 this past August.

More recently the commodity has drifted lower from its year-to-date highs around the 1,550 mark, but Rick Rule – President and CEO of Sprott US Holdings – discusses the benefits of owning gold and why investors should incorporate gold positions along with other commodities into their asset allocations.

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.