Panthera Resources Plc

The gold rush

Gold is back in vogue once again, with purchases made by global central banks pushing up prices to a five-year high. Five years ago, the world was going through a rough patch on account of the US Federal Reserve’s taper tantrum in 2013, which saw gold prices fall from $1,500 an ounce to as low as $1,072 in 2015, to subsequently recover some of the lost ground.

In 2019, prices are already up 10 per cent in dollar terms at $1,407 an ounce. For investors, gold is a safe haven every time there is a crisis of confidence. 

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.