Gold pricing will have some affect on the ARL share price someday but for the moment the upcoming catalyst as far as that one mineral goes is Godolphin.
So- here’s a couple of stories showing that the price rise for gold is still gathering impetus:
https://www.mining.com/web/china-eases-restrictions-on-gold-imports/
General good market- https://www.mining.com/web/gold-inflows-hit-1000-tonnes-as-investors-seek-haven-in-etfs/
I’d also say we might watch out for central banks to start buying too ( we’ve seen the EU recently end a 20yr plan of selling ), their interest rates are not going to be giving them much joy at the moment.
GODOLPHIN (Pertinent news & discussion prior to the IPO), page-30
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