’Gold futures ended higher overnight, with some progress toward another coronavirus aid package and the further spread of COVID-19 in the US, as well as a breakdown in Brexit talks between the UK and the Eurozone, lifting haven demand for the metal. February gold rose $US26, or 1.4pc, to settle at $US1,866 an ounce.
Meanwhile spot gold surged to $US1,861 an ounce.’
With the consolidation completed, and Feasibility Study released in January, it’s going to be a good 2021 for holders of MDI.
I am changing my sentiment to buy - in my opinion now is the time to top up.
IMO and DYOR
MDI Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
