leadf
logo-loader
viewProactive Group

'Still plenty of buying opportunity for gold' despite Fed rate hike uncertainty'

Mining Capital's Alastair Ford tells Proactive's Andrew Scott that despite gold still being on the slide it could turn at any moment if a trade war boils over .

He says gold has now begun the slow slide that was always inevitable in a rising interest rate environment.

On 28 June the price hit a six month low of US$1,249 per ounce, with further selling pressure likely.

Ford also touches on the Ghana-focused explorer Goldstone Resources Ltd (LON:GRL), as well as Ariana Resources plc (LON:AAU) and Hummingbird Resources PLC (LON:HUM).

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Amryt Pharma presents at the Proactive One2One virtual conference

Amryt Pharma's LON:AMYT) Rory Nealon presents at the Proactive One2One virtual conference. Amryt Pharma is a commercial stage pharmaceutical company focused on developing and delivering innovative new treatments to help improve the lives of people with rare and orphan diseases. The company...

9 hours, 26 minutes ago

2 min read