The gold price and the markets

An interest rate hike of 25 basis points is generally expected for May. A possible rate cut is now not expected until the end of the year. Recently, when the banking crisis was making news, an interest rate cut was already priced in for the middle of the year. Therefore, it is now only a logical consequence that the value of an ounce of gold falls again below 2,000 U.S. dollars. Also, some investors may have had the idea to take profits. Gold offers protection and security, the central banks have recognized this, the figures prove. Because the inflation ghost is not yet defeated. In Great Britain, for example, the inflation rate has remained above ten percent for months. But inflation is not unique to that country; it is a global problem that seems to be persistent. It will therefore take some time before the Fed changes its monetary policy.

Should the gold price therefore weaken, investors should rather think of the very good long-term prospects for the precious metal. Gold is and remains a safe haven that is attractive and offers protection against inflation. And much of the world is in disarray, there are crises, war and this is a positive environment for the gold price. The current price correction in gold could soon be over. The chart technicians see a new buy signal when the price rises above 2,012 U.S. dollars per troy ounce of gold. Then a new all-time high would also be within reach again. A good investment for equity investors is therefore stocks of gold companies such as Trillium Gold Mines or Tudor Gold.

Trillium Gold Mines – https://www.commodity-tv.com/ondemand/companies/profil/trillium-gold-mines-inc/ – will form an association with Pacton Gold. This will bring 15 projects in the Red Lake mining district in Ontario under one roof. Both companies and also the shareholders will benefit from this.

Tudor Gold – https://www.commodity-tv.com/play/mining-newsflash-with-tudor-gold-vizsla-silver-and-trillium-gold-mines/ – is well positioned thanks to its Treaty Creek project in British Columbia. The 2023 exploration campaign is expected to start in May.

Latest corporate information and press releases from Trillium Gold Mines (- https://www.resource-capital.ch/en/companies/trillium-gold-mines-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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