At a time when many investors are clamoring for cryptocurrencies, investing in gold sounds like a throwback. Recently, however, gold has staged a comeback.
The price of gold just ticked past $1,500 an ounce, putting it at a six-year high. That’s still well below the yellow metal’s peak of about $1,900 an ounce, reached in 2011, but observers note that gold could keep moving higher as trade tensions, geopolitical unease, low interest rates, and ballooning budget deficits drive demand for safety.
KEFI Minerals plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.