Sign up: register@panafrican.email

Tag: Gold Stocks

The price of gold has recently hit an all-time high, surpassing $2,500 per troy ounce

The price of gold has recently hit an all-time high, surpassing $2,500 per troy ounce, marking a significant milestone in the precious metals market. This surge is largely attributed to several key factors: These combined factors have created an environment where gold is seen as a highly desirable asset, pushing its price to record levels【13†source】【14†source】.
Read more...

August 16, 2024
Gold rush: African nations seek safe haven amid currency woes

African nations are turning to gold in a bid to protect their economies from the turbulent global landscape. Geopolitical tensions, currency fluctuations, and rising inflation have prompted a rush to bolster gold reserves as a hedge against economic instability. This trend is expected to continue, with the World Gold Council anticipating that around 20 central…
Read more...

July 24, 2024
The Price of Gold Reaches New Historic High: An Analytical Insight

The historical prices of gold per troy ounce for the last five years: These figures reflect the general trends in gold prices over the last five years, highlighting a steady increase, particularly during times of economic uncertainty and market volatility. In an unprecedented turn of events, the price of gold has surged to a historic…
Read more...

July 16, 2024
Gold Digger: Agnico Eagle Mines (SA Quant)

Summary Best Gold StockGold has rallied, as market volatility, rising interest rates, and uncertainty around crypto scandals have prompted some investors to seek investments that offer hedges. The U.S. dollar lost some purchasing power amid geopolitical and macro headwinds, yet, “the dollar remains king.” But, for investors looking for defensive investments amid global uncertainty, diversification…
Read more...

July 6, 2024