After falling nearly $90.00 from the April high of $1369.00 to last week’s low of $1281.00, Spot Gold has recovered back over the key $1300.00 level.
With increasing levels of volatility in major stock indexes, as well as simmering geopolitical risks, we expect the price of gold to trend higher over the medium-term.
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Some of the local gold names we prefer include NCM, SBM, SAR, NST and EVN.
For more information about trading opportunities in gold, give us a call on 1-300-614-002
Newcrest Mining
Santa Barbara
Saracens
