If you look around the world, the biggest increase in the price of gold was recorded in Egypt at 108%. Inflation in Egypt was 25 percent in November. Brazil is in second place with an increase of 62 percent. Inflation here amounted to 4.8 percent. It is followed by Argentina, Ghana, Turkey, Mexico and Russia. In all cases, with the exception of Egypt, the increase was always in double figures. Calculated in US dollars, the precious metal recorded its biggest annual gain since 2010. The price of platinum and palladium fell last year. The weakening automotive industry probably had an impact here.

Incidentally, the best month in the gold price statistics, which date back to 1970, is January by a wide margin. 65 percent of January ended with a price gain. It is always interesting to take a look at the buying behavior of central banks. One of the most avid gold buyers, China, did not increase its gold reserves from May to October. But in November, China struck again and bought five tons of gold. In December, it even added around ten tons of gold to its reserves. It is assumed that China will continue to buy gold. This is because it cannot be sanctioned. In the coming months, when the tariffs announced by Donald Trump come into force, uncertainty on the markets is to be expected – good for the gold price. The extent to which geopolitical crises will escalate or the opposite will happen, as in the Russia-Ukraine war, is difficult to predict. However, should there be a ceasefire or peace negotiations, this would not be so beneficial for the gold price. On the other hand, investor interest is high and many central banks are hungry for gold. This should support the gold price.

The stocks of mining companies with gold and silver in their projects are always a good idea for investors, including producer Fortuna Mininghttps://www.commodity-tv.com/ondemand/companies/profil/fortuna-mining-inc/ – with its projects in Mexico, as well as in Peru, Burkina Faso, Argentina and the Ivory Coast.

Sierra Madre Gold and Silverhttps://www.commodity-tv.com/ondemand/companies/profil/sierra-madre-gold-silver/ – has gold and silver projects in Mexico. With the revitalization of the La Guitarra mine, the daily production rate is increasing and revenues are being generated.

Current company information and press releases from Fortuna Mining (- https://www.resource-capital.ch/en/companies/fortuna-mining-corp/ -) and Sierra Madre Gold and Silver (- https://www.resource-capital.ch/en/companies/sierra-madre-gold-and-silver-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.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always 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 errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

Firmenkontakt und Herausgeber der Meldung:

Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch

Ansprechpartner:
Jörg Schulte
Telefon: +49 (2983) 974041
E-Mail: info@js-research.de
Für die oben stehende Story ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel