Interesting article today from GOLDCORE & we are seeing a flight to gold accelerate again as trust in the USD wanes.
LOGIC on why the next few USD 1,000 increments in gold from USD 3,000 to USD 4,000 (+33%), then USD 4,000 to USD 5,000 (+25%) & USD 5,000 to USD 6,000 (+20%) will likely occur more rapidly certainly resonate.
How the AUD / USD exchange rate moves will certainly be dominated by resource commodity demand and prices.
Unfortunately, more global conflicts affect trust and for LRV these uncertainties will likely see gold, antimony & tungsten prices rise throughout 2025 and into 2026 for quite some time.
GLTAH
LRV Price at posting:
80.5¢ Sentiment: Buy Disclosure: Held
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