Indian women own huge gold reserves

Since October 2023, the price of gold has risen by around 45 percent. Precious metal mines have also made strong gains. Gold is sought after by investors worldwide and a new bull market in precious metals could be on the cards due to several factors. One is the central banks‘ hunger for gold, which is likely to continue. And the fact that gold is a strategic asset also applies to private investors. Demand for gold in certain markets such as India is high, as is demand from over-the-counter trading. Another point is Western investors, who have increasingly turned to exchange-traded gold ETFs in recent months. All of this could drive the gold price further upwards and thus also benefit gold companies. Well-positioned gold companies include Fury Gold Mines and Collective Mining.

Fury Gold Mines – https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ -, active in Quebec and Nunavut, is well financed and is starting the 2025 exploration season with a diamond drilling program at the Éléonore South gold project in Quebec.

Collective Mining – https://www.commodity-tv.com/ondemand/companies/profil/collective-mining/ – focuses on gold, silver, copper and tungsten and is active in Colombia. The Guayabales project in particular boasts high-grade gold-silver-copper-tungsten resources.

Current company information and press releases from Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-gold-mines-ltd/ -) and Collective Mining (- https://www.resource-capital.ch/en/companies/collective-mining-ltd/ -).

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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