The gold price should continue to be well supported

According to the latest statements of the World Gold Council, the gold price should also be well supported in the near future. This is also supported by the monetary policy environment in Europe and the global gold investment market is also clearly influenced by the European gold market. The recent rise in inflation in Europe has raised some questions. Such as when the European Central Bank will tighten monetary policy. Higher interest rates are not so conducive to gold prices, but a change in policy will happen very slowly, according to the World Gold Council. And many risks remain.

Therefore, the World Gold Council also believes in the enduring important strategic role of gold. This is also shown by the statements of investors who regard gold as a long-term investment vehicle that offers asset protection and security. In Germany, this was clearly demonstrated last year, the year of the pandemic. Bars and coins were in high demand. Not to mention negative interest rates, any change is likely to be very gradual. Deficits are rising and the aftermath of fiscal policy in response to Covid-19 cannot be denied. The global financial crisis already showed that the importance of gold as a strategic investment grows enormously in such times of crisis.

Corona, with its threats to health and the economy, combined with the economic and fiscal stimulus measures, has brought gold, and rightly so, back into investors‘ focus. Gold company values should not be forgotten, such as solid companies like Maple Gold Mines and Tarachi Gold.

Maple Gold Mines – https://www.youtube.com/watch?v=ddi_9l2oEwM – just reported excellent drill results again from its Douay gold project in Quebec. Then there’s the Joutel Gold Project (both in joint venture with Agnico Eagle Mines Limited).

Tarachi Gold’s – https://www.youtube.com/watch?v=CmhhvlWgTdw – projects are located in mining-friendly Mexico. Drilling programs are underway.

Current corporate information and press releases from Maple Gold Mines (- https://www.resource-capital.ch/en/companies/maple-gold-mines-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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