There’s plenty of resistance facing the price of gold.
But we’re entering what’s typically the strongest season of the year for gold stocks. And we fully expect the price of gold to rise soon, just after a little more near-term correction.
A slow unwinding of the U.S.-China trade war, new stock market highs, and a normalizing yield curve could all have negative impact on gold prices. But something gold investors need to consider is that this is all short-term action.
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.