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anglo pacific group plc

The history and value of gold

Gold has emerged as one of the best performing asset class in 2020, gaining 15% year to date with prices hitting all time high in India. These gains are special as it has come after a stupendous 2019 where gold rose nearly 25% on US-China trade war and accommodative monitory stance from US Fed.

The buying spree has continued in 2020 as well on increasing fears of recession due to corona virus pandemic. Important question to ask now is – what next for Gold? Should investors look at investing in Gold at this point in time and at these prices?…

Anglo Pacific Group plc (LON:APF) has a 2.5% life of mine NSR royalty on the El Valle-Boinàs/Carlés gold, copper and silver mine owned by TSX-listed Orvana Minerals Corp.

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