Gold price mostly strong in September
Gold has various price drivers. These include the development of economic growth, opportunity costs and market risk. The focus here is on the motives behind gold demand. Of particular importance is investment demand. Currently, the situation regarding gold demand in Asia is brightening. In July, about six times as much gold was exported from Switzerland to India than in the previous month. The thus strongly increasing demand from India is a clear sign. About as much gold went to China in July as in June.
Chartists see a short-term downward phase in the price of the yellow metal at the moment. Perhaps it is not far to the next "reversal point", where it goes up again in price. Add in seasonality and geopolitical uncertainties, and getting in now shouldn’t be a bad idea, for example in promising candidates like Skeena Resources or Tarachi Gold. Skeena Resources – https://www.youtube.com/watch?v=ga4AuDs541c&t=132s – is focused on reviving its historic Snip gold mines (recent drill results have been excellent again) and Eskay Creek.
Tarachi Gold – https://www.youtube.com/watch?v=Mda-_5-Ttc4 – is actively working in Mexico in the Sierra Madre gold belt. The Tarachi project covers 3,708 hectares.
Current corporate information and press releases from Skeena Resources ( – https://www.resource-capital.ch/de/unternehmen/skeena-resources-ltd/ -).
In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 – 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/….
Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch
Telefon: +49 (2983) 974041
E-Mail: info@js-research.de