Nominal A$ spot gold price record, overnight.
The longer gold prices remain elevated, the more likely analysts are to lift revenue estimates for gold companies, which they haven’t done in the past few months.
Meanwhile, miners are likely to see more moderate costs going forward, helping to ease the pressure on margins.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
Nominal A$ spot gold price record, overnight.The longer gold...
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