The results you haven’t been waiting for are in. But our impromptu gold-price poll is eye opening
Meanwhile global analysts Metals Focus also has a positive outlook
The week’s top ASX gold-related stocks led by: STK, NPM, MTC
Gold’s good 2023 form (a 14.6% return) hasn’t so far continued in 2024, but, of course, that’s not saying much – the year is but an embryo.
In US dollars, the yellow metal’s spot price has dipped about $30, from $2,077 an ounce on January 2, to about $2,047 at the time of writing.
In Aussie bucks, gold rode up nicely to $3,056 an ounce a couple of days ago, falling back again to roughly where it began the year, just a shade below $3,040.
Here, by the way, is how gold shaped up in 2023 compared with several other key assets, according to the World Gold Council.
Source: Bloomberg, ICE Benchmark Administration, World Gold Council. *As of December 31, 2023.
(Bitcoin, by the way, with roughly a 154% return in 2023, was clearly too big to fit on this graph.)
Meanwhile, Metals Focus, a prominent global independent precious metals research consultancy based in London has just released its latest outlook, and it provides a fairly positive take, which we’ll get to further below.
But before we do, this…
Stockhead poll shows big belief in yellow metal
Here’s something for you, fresh from the Stockhead lab. (Which is basically the end of the desk where our chief social engineer and professional X-operator Banksy sits.)
It’s a highly scientifically put-together poll on gold’s price direction this year, resulting in a small but not totally insignificant data capture from a searingly intelligent section of the community – Stockhead followers on X.
$GOLD and #bitcoin will both shoot the lights out win-win in my opinion!
— RiskItForTheBiscuit (@Anthony02274412) January 3, 2024
And the survey says…
• More than 71% of the 46 of you who took the time to click a button think gold will continue to trend very nicely up and to the right in 2024.
• 37% of those who took part on in the poll actually believe it’ll hit stratospheric heights, mooning above at least US$2,500 per ounce. Thanks for voting six times each, by the way, Robert Kiyosaki and Peter Schiff. (Possibly.)
• 19.6% think the spot gold price is one big yawn, and will remain as steady as an undertaker’s or ATO worker’s pay cheques.
• While just a handful of you (8.7%) reckon it might about to be disgustingly outperformed by Bitcoin. (Again.) By our calculations, that’s four whole people, and a tiny fraction of another one – possibly an itchy trigger finger hovering over a buy button on Coinbase.
$GOLD and #bitcoin will both shoot the lights out win-win in my opinion!
— RiskItForTheBiscuit (@Anthony02274412) January 3, 2024
pic.twitter.com/IRzFOFI0I9
— Dan Held (@danheld) January 1, 2024
‘A strong boost for gold’ in 2024: Metals Focus
Precious metals gurus Metals Focus notes in its latest report, released today, that it expects 2024 to begin with a small dip – “a modest retreat” – for gold prices, which is playing out.
Part of the analysts’ reasoning is central banks keeping rates steady for longer than current market consensus.
The next US Federal Reserve FOMC meeting to reveal its next rates-focused move, by the way, is happening later this month, and the CME FedWatch Tool indicates a 95% chance of the Fed keeping rates in the US exactly where they are for now.
Metals Focus continued, though with:
“That said, we believe the downside [for gold prices] will be limited and temporary.
“Once the interest rate cutting cycle starts, most likely in mid-2024, gold will receive a strong boost in the latter part of the year. Silver is expected to broadly shadow gold.”
A drop in real yields and pressure on the dollar, plus systemic risks, turbulent geopolitics and richly priced equities, should all favour fresh gold investment, believes Metal Focus, which is targeting a “notable price recovery” later this year to around US$2,100.
On the conservative side? Certainly compared with some, but it’s an ultimately positive take.
The precious metals analysts caveated, however that a “persistent structural deficit, sizeable above-ground stocks and concerns about the Chinese economy” will likely dampen investor interest for a little while first.
Winners & Losers
Here’s how ASX-listed precious metals stocks are performing:
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop.
Stocks missing from this list? Email [email protected]
Code Company Price % Week % Month % Year Market Cap MRR Minrex Resources Ltd 0.0165 3% -3% -48% $17,900,314 NPM Newpeak Metals 0.023 35% 15% -77% $1,999,035 ASO Aston Minerals Ltd 0.022 -4% -29% -74% $31,081,542 MTC Metalstech Ltd 0.26 33% 79% -45% $44,404,329 FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315 GED Golden Deeps 0.045 0% -6% -55% $5,198,506 G88 Golden Mile Res Ltd 0.02 0% -5% -2% $6,587,790 DCX Discovex Res Ltd 0.002 0% 0% -33% $6,605,136 NMR Native Mineral Res 0.019 -5% -30% -83% $3,985,260 AQX Alice Queen Ltd 0.0055 10% -8% -84% $3,800,413 SLZ Sultan Resources Ltd 0.02 -13% 25% -76% $2,963,801 MKG Mako Gold 0.011 10% 10% -73% $6,624,094 KSN Kingston Resources 0.078 -3% -15% -6% $38,841,023 AMI Aurelia Metals Ltd 0.11 0% -4% -8% $185,874,414 PNX PNX Metals Limited 0.003 -25% -25% -29% $16,141,874 GIB Gibb River Diamonds 0.03 7% 0% -53% $6,345,283 KCN Kingsgate Consolid. 1.26 -11% -13% -30% $324,767,132 TMX Terrain Minerals 0.005 25% 0% -17% $6,767,139 BNR Bulletin Res Ltd 0.14 0% 8% 40% $39,637,799 NXM Nexus Minerals Ltd 0.042 -11% -29% -79% $17,507,706 SKY SKY Metals Ltd 0.039 8% 8% -24% $17,994,526 LM8 Lunnonmetalslimited 0.58 -3% -11% -33% $130,233,745 CST Castile Resources 0.08 -4% 21% -17% $19,352,194 YRL Yandal Resources 0.091 15% 1% -8% $20,655,902 FAU First Au Ltd 0.004 0% 100% 0% $6,647,973 ARL Ardea Resources Ltd 0.47 -4% 8% -36% $94,568,119 GWR GWR Group Ltd 0.094 1% 12% 66% $30,194,366 IVR Investigator Res Ltd 0.036 -5% -29% -14% $55,430,428 GTR Gti Energy Ltd 0.0095 19% 19% -12% $20,499,471 IPT Impact Minerals 0.013 18% 24% 86% $31,511,743 BNZ Benzmining 0.23 -4% -22% -43% $25,693,639 MOH Moho Resources 0.01 0% 11% -52% $5,359,412 BCM Brazilian Critical 0.026 0% 8% -74% $17,758,964 PUA Peak Minerals Ltd 0.0035 17% 17% -30% $3,124,130 MRZ Mont Royal Resources 0.145 -3% -9% -17% $12,329,320 SMS Starmineralslimited 0.038 9% 3% -45% $2,885,066 MVL Marvel Gold Limited 0.012 0% 14% -54% $10,365,488 PRX Prodigy Gold NL 0.006 0% -33% -54% $12,257,755 AAU Antilles Gold Ltd 0.023 0% 0% -28% $18,884,459 CWX Carawine Resources 0.11 0% 0% 12% $25,973,799 RND Rand Mining Ltd 1.37 0% 7% 1% $77,920,067 CAZ Cazaly Resources 0.03 3% -17% -3% $13,639,090 BMR Ballymore Resources 0.13 8% -13% -16% $22,041,323 DRE Dreadnought Resources Ltd 0.029 -3% -12% -70% $100,893,116 ZNC Zenith Minerals Ltd 0.14 -13% 0% -45% $49,333,324 REZ Resourc & En Grp Ltd 0.012 0% -25% -25% $5,997,669 LEX Lefroy Exploration 0.175 3% 3% -34% $35,952,714 ERM Emmerson Resources 0.054 -2% -8% -29% $29,959,038 AM7 Arcadia Minerals 0.069 -5% -19% -64% $7,524,457 ADT Adriatic Metals 3.65 -11% 12% 16% $874,807,240 AS1 Asara Resources Ltd 0.011 10% -8% -63% $8,720,040 CYL Catalyst Metals 0.7 -10% -33% -42% $159,614,219 CHN Chalice Mining Ltd 1.4325 -19% -8% -77% $575,665,690 KAL Kalgoorliegoldmining 0.029 16% 16% -65% $4,596,521 MLS Metals Australia 0.036 3% 0% -23% $22,465,303 ADN Andromeda Metals Ltd 0.023 -4% 5% -48% $71,530,194 MEI Meteoric Resources 0.295 13% 44% 368% $567,184,156 SRN Surefire Rescs NL 0.0085 0% -11% -23% $15,705,263 SIH Sihayo Gold Limited 0.0015 0% -25% -25% $18,306,384 WA8 Warriedarresourltd 0.055 2% -13% -66% $26,031,517 HMX Hammer Metals Ltd 0.046 -10% -19% -32% $42,547,553 WCN White Cliff Min Ltd 0.009 0% -25% -36% $11,489,034 AVMDC Advance Metals Ltd 0.036 -10% -40% -78% $1,300,224 WRM White Rock Min Ltd 0.063 0% 0% -10% $17,508,200 ASR Asra Minerals Ltd 0.007 0% 0% -67% $11,455,470 MCT Metalicity Limited 0.002 0% 0% -33% $8,970,108 AME Alto Metals Limited 0.043 0% -2% -37% $31,025,496 CTO Citigold Corp Ltd 0.005 -17% 0% 0% $14,368,295 TIE Tietto Minerals 0.5975 -4% -4% -23% $677,934,271 SMI Santana Minerals Ltd 0.965 -4% 19% 46% $178,720,666 M2R Miramar 0.023 10% 21% -70% $3,126,260 MHC Manhattan Corp Ltd 0.003 -25% -25% -50% $8,810,939 GRL Godolphin Resources 0.04 5% 5% -46% $7,615,891 SVG Savannah Goldfields 0.044 -12% -20% -73% $8,834,037 EMC Everest Metals Corp 0.079 -2% -9% -12% $13,552,498 GUL Gullewa Limited 0.055 0% 0% -8% $11,262,521 CY5 Cygnus Metals Ltd 0.12 -4% -20% -69% $33,529,301 G50 Gold50Limited 0.135 0% 13% -44% $14,754,150 ADV Ardiden Ltd 0.17 -3% -6% -51% $10,940,564 AAR Astral Resources NL 0.074 1% -8% -1% $59,482,315 VMC Venus Metals Cor Ltd 0.1 -5% -5% 27% $18,972,868 NAE New Age Exploration 0.005 -17% -29% -29% $9,866,444 VKA Viking Mines Ltd 0.014 8% 8% 56% $14,353,618 LCL LCL Resources Ltd 0.0165 3% -25% -68% $16,169,492 MTH Mithril Resources 0.002 0% 0% -43% $6,737,609 ADG Adelong Gold Limited 0.0055 10% -8% -8% $3,848,106 RMX Red Mount Min Ltd 0.003 0% 0% -33% $8,020,728 PRS Prospech Limited 0.03 -6% -6% 12% $8,104,462 XTC XTC Lithium Limited 0.2 19900% 0% -67% $17,528,272 TTM Titan Minerals 0.025 -11% -14% -65% $42,281,734 NML Navarre Minerals Ltd 0.019 0% 0% -57% $28,555,654 MZZ Matador Mining Ltd 0.044 -6% -27% -63% $22,576,405 KZR Kalamazoo Resources 0.135 23% 4% -45% $18,850,642 BCN Beacon Minerals 0.025 -4% -17% -11% $93,919,204 MAU Magnetic Resources 1 -2% -7% 18% $244,667,260 BC8 Black Cat Syndicate 0.23 -8% -22% -41% $71,384,856 EM2 Eagle Mountain 0.076 3% 36% -54% $23,177,482 EMR Emerald Res NL 2.975 -4% 3% 149% $1,828,261,292 BYH Bryah Resources Ltd 0.013 0% -13% -46% $5,636,894 HCH Hot Chili Ltd 1 -1% -7% 12% $119,445,206 WAF West African Res Ltd 0.9275 -6% -5% -23% $933,762,900 MEU Marmota Limited 0.042 2% 0% -9% $43,410,824 NVA Nova Minerals Ltd 0.36 -1% 29% -45% $78,029,286 SVL Silver Mines Limited 0.165 -3% -15% -20% $224,693,143 PGD Peregrine Gold 0.27 6% 0% -27% $18,759,015 ICL Iceni Gold 0.058 12% -6% -30% $13,684,000 FG1 Flynngold 0.05 -4% -34% -49% $7,286,213 WWI West Wits Mining Ltd 0.012 9% 0% -20% $29,164,700 RML Resolution Minerals 0.0035 17% 17% -50% $4,409,989 AAJ Aruma Resources Ltd 0.027 0% -16% -47% $5,316,071 AL8 Alderan Resource Ltd 0.005 0% -23% -38% $6,641,168 GMN Gold Mountain Ltd 0.0055 10% 10% -21% $11,345,393 MEG Megado Minerals Ltd 0.03 -17% 20% -27% $7,633,667 HMG Hamelingoldlimited 0.08 1% -2% -45% $12,600,000 TBA Tombola Gold Ltd 0.026 0% 0% 0% $33,129,243 BM8 Battery Age Minerals 0.225 22% 7% -55% $17,827,378 TBR Tribune Res Ltd 2.87 0% 0% -27% $154,256,146 FML Focus Minerals Ltd 0.18 3% 3% -16% $50,147,763 GSR Greenstone Resources 0.008 0% -11% -75% $10,944,908 VRC Volt Resources Ltd 0.006 -8% -14% -57% $26,845,694 ARV Artemis Resources 0.019 -5% -17% -21% $32,132,727 HRN Horizon Gold Ltd 0.25 -17% -12% -19% $43,451,977 CLA Celsius Resource Ltd 0.012 0% -8% -33% $29,198,672 QML Qmines Limited 0.078 -1% -8% -53% $16,452,232 RDN Raiden Resources Ltd 0.038 -12% -12% 567% $100,881,924 TCG Turaco Gold Limited 0.13 4% 4% 124% $76,336,000 KCC Kincora Copper 0.044 -2% 52% -37% $9,143,192 GBZ GBM Rsources Ltd 0.009 0% -33% -78% $6,582,896 DTM Dart Mining NL 0.016 -6% 0% -71% $3,641,274 MKR Manuka Resources. 0.075 -5% 50% -12% $42,949,125 AUC Ausgold Limited 0.028 -13% -18% -42% $68,884,236 ANX Anax Metals Ltd 0.029 -3% 7% -45% $13,946,611 EMU EMU NL 0.001 0% 0% -80% $2,024,771 SFM Santa Fe Minerals 0.043 0% 0% -46% $3,131,208 SSR SSR Mining Inc. 15.75 -4% -13% -35% $100,767,340 PNR Pantoro Limited 0.052 -9% -5% -42% $265,405,556 CMM Capricorn Metals 4.445 -8% -9% -9% $1,641,342,052 X64 Ten Sixty Four Ltd 0.57 0% 0% -12% $130,184,182 SI6 SI6 Metals Limited 0.005 0% -17% -17% $7,975,438 HAW Hawthorn Resources 0.095 2% 19% -17% $33,166,546 BGD Bartongoldholdings 0.265 0% 8% 8% $52,795,056 SVY Stavely Minerals Ltd 0.044 -6% -25% -80% $16,423,424 AGC AGC Ltd 0.072 -1% 4% 22% $15,333,333 RGL Riversgold 0.013 8% -19% -54% $12,579,599 TSO Tesoro Gold Ltd 0.027 0% 0% -29% $33,378,720 GUE Global Uranium 0.098 -1% 1% -37% $19,311,016 CPM Coopermetalslimited 0.38 7% -1% 58% $24,455,147 MM8 Medallion Metals. 0.062 -5% -6% -59% $19,997,357 FFM Firefly Metals Ltd 0.575 -8% 0% -35% $215,803,073 CBY Canterbury Resources 0.025 -7% -11% -39% $4,293,522 LYN Lycaonresources 0.19 -5% 23% -31% $7,049,000 SFR Sandfire Resources 7.03 -4% 11% 25% $3,317,764,853 TMZ Thomson Res Ltd 0.005 0% 0% -72% $4,881,018 TAM Tanami Gold NL 0.035 0% -8% -10% $41,128,397 WMC Wiluna Mining Corp 0.205 0% 0% 0% $74,238,031 NWM Norwest Minerals 0.032 19% 7% -33% $9,202,224 ALK Alkane Resources Ltd 0.65 -3% -10% 13% $386,199,883 BMO Bastion Minerals 0.016 -16% 7% -47% $4,983,105 IDA Indiana Resources 0.083 12% 38% 43% $51,679,913 GSM Golden State Mining 0.015 0% -21% -70% $4,050,874 NSM Northstaw 0.049 -2% -26% -71% $6,853,913 GSN Great Southern 0.02 0% -5% -33% $15,092,704 RED Red 5 Limited 0.2875 -9% -24% 22% $1,004,502,159 DEG De Grey Mining 1.1975 -5% -15% -15% $2,193,749,647 THR Thor Energy PLC 0.03 3% 0% -50% $5,395,054 CDR Codrus Minerals Ltd 0.062 9% 11% -50% $5,436,625 MDI Middle Island Res 0.016 0% 7% -58% $3,482,464 WTM Waratah Minerals Ltd 0.11 -8% 197% -27% $16,430,095 POL Polymetals Resources 0.305 -2% 11% 27% $46,411,308 RDS Redstone Resources 0.005 0% -17% -38% $5,528,271 NAG Nagambie Resources 0.028 -3% -7% -56% $23,027,094 BGL Bellevue Gold Ltd 1.48 -13% -18% 27% $1,694,783,210 GBR Greatbould Resources 0.064 0% -11% -32% $38,315,981 KAI Kairos Minerals Ltd 0.0145 -6% -3% -28% $38,003,227 KAU Kaiser Reef 0.145 -12% -17% -17% $24,801,365 HRZ Horizon 0.038 -5% -5% -38% $28,039,347 CAI Calidus Resources 0.205 -7% 5% -27% $131,530,839 CDT Castle Minerals 0.009 0% -10% -59% $11,020,437 RSG Resolute Mining 0.415 -11% -9% 102% $904,846,256 MXR Maximus Resources 0.034 -3% -32% -15% $10,900,596 EVN Evolution Mining Ltd 3.805 -5% -8% 21% $7,487,169,749 CXU Cauldron Energy Ltd 0.031 29% 107% 424% $30,586,655 DLI Delta Lithium 0.415 -12% -11% -5% $320,147,052 ALY Alchemy Resource Ltd 0.01 0% 0% -60% $11,780,763 HXG Hexagon Energy 0.012 -8% 33% -29% $6,154,991 OBM Ora Banda Mining Ltd 0.245 7% 0% 172% $409,624,769 SLR Silver Lake Resource 1.13 -8% -2% -10% $1,042,239,931 AVW Avira Resources Ltd 0.0015 0% 0% -40% $3,200,685 LCY Legacy Iron Ore 0.018 6% 13% -5% $115,322,872 PDI Predictive Disc Ltd 0.2075 -1% -14% 5% $415,248,818 MAT Matsa Resources 0.028 8% 8% -20% $13,402,873 ZAG Zuleika Gold Ltd 0.018 0% 6% -14% $13,249,539 GML Gateway Mining 0.02 -20% -9% -68% $7,829,565 SBM St Barbara Limited 0.205 0% -5% -41% $163,594,076 SBR Sabre Resources 0.03 -6% -14% -29% $11,224,752 STK Strickland Metals 0.125 39% -31% 213% $195,886,577 ION Iondrive Limited 0.012 0% 0% -54% $5,835,423 CEL Challenger Gold Ltd 0.072 6% 0% -59% $89,542,955 LRL Labyrinth Resources 0.007 0% 17% -55% $8,312,806 NST Northern Star 12.95 -6% 0% 13% $14,710,030,285 OZM Ozaurum Resources 0.14 -3% 22% 112% $22,225,000 TG1 Techgen Metals Ltd 0.084 17% 1% -2% $7,977,801 XAM Xanadu Mines Ltd 0.055 2% 4% 90% $96,946,779 AQI Alicanto Min Ltd 0.034 -6% -24% -32% $20,921,451 KTA Krakatoa Resources 0.04 18% -7% -5% $18,884,289 ARN Aldoro Resources 0.12 -8% 45% -37% $16,154,849 WGX Westgold Resources. 1.9825 -10% -9% 111% $961,454,142 MBK Metal Bank Ltd 0.028 4% -7% -17% $10,932,860 A8G Australasian Metals 0.15 -12% -12% -21% $7,818,074 TAR Taruga Minerals 0.013 18% 18% -43% $8,825,335 DTR Dateline Resources 0.01 0% 0% -71% $13,129,455 GOR Gold Road Res Ltd 1.725 -15% -13% -3% $1,859,666,133 S2R S2 Resources 0.155 -3% -23% -11% $72,297,279 NES Nelson Resources. 0.004 14% 0% -43% $2,454,377 TLM Talisman Mining 0.285 21% 39% 111% $56,496,105 BEZ Besragoldinc 0.135 -10% -18% 160% $56,443,622 PRU Perseus Mining Ltd 1.77 -8% -13% -19% $2,410,604,743 SPQ Superior Resources 0.0125 -4% -34% -77% $24,014,645 PUR Pursuit Minerals 0.008 0% 0% -50% $26,495,743 RMS Ramelius Resources 1.655 -4% -5% 67% $1,875,685,315 PKO Peako Limited 0.005 0% 0% -62% $2,635,424 ICG Inca Minerals Ltd 0.012 20% 9% -50% $7,013,226 A1G African Gold Ltd. 0.036 33% 6% -55% $6,095,204 OAU Ora Gold Limited 0.006 -8% -8% 20% $34,136,928 GNM Great Northern 0.019 0% -5% -64% $3,247,211 KRM Kingsrose Mining Ltd 0.04 -5% -9% -43% $30,101,061 BTR Brightstar Resources 0.015 -6% 7% -6% $35,555,683 RRL Regis Resources 2.11 -5% 7% 0% $1,586,211,497 M24 Mamba Exploration 0.06 20% 100% -61% $3,524,525 TRM Truscott Mining Corp 0.055 0% -10% 12% $9,535,188 TNC True North Copper 0.105 -5% -13% 98% $33,067,478 MOM Moab Minerals Ltd 0.008 14% 33% -11% $5,695,708 KNB Koonenberrygold 0.054 13% 69% -10% $6,586,200 AWJ Auric Mining 0.125 9% 81% 95% $17,011,747 AZS Azure Minerals 3.7 1% 0% 1474% $1,683,354,040 ENR Encounter Resources 0.355 15% 18% 97% $134,754,012 SNG Siren Gold 0.07 8% 37% -60% $11,101,075 STN Saturn Metals 0.22 22% 52% 33% $40,195,477 USL Unico Silver Limited 0.11 -12% -12% -29% $34,045,933 PNM Pacific Nickel Mines 0.083 0% -1% 2% $34,715,008 AYM Australia United Min 0.003 0% 50% 0% $5,527,732 ANL Amani Gold Ltd 0.001 0% 0% 0% $25,143,441 HAV Havilah Resources 0.19 0% -31% -40% $60,161,450 SPR Spartan Resources 0.495 -7% 0% 196% $477,031,573 PNT Panthermetalsltd 0.06 0% 9% -68% $5,101,500 MEK Meeka Metals Limited 0.037 -8% -16% -40% $46,918,939 GMD Genesis Minerals 1.625 -12% -14% 29% $1,787,276,663 PGO Pacgold 0.19 -5% -10% -46% $16,829,088 FEG Far East Gold 0.15 0% -6% -68% $25,284,869 MI6 Minerals260Limited 0.33 3% 10% 0% $78,390,000 IGO IGO Limited 8.69 -5% 8% -36% $6,580,657,295 GAL Galileo Mining Ltd 0.27 -2% 2% -70% $50,394,356 RXL Rox Resources 0.185 0% -16% 3% $66,483,767 KIN KIN Min NL 0.064 -2% -3% 0% $77,757,936 CLZ Classic Min Ltd 0.001 0% 0% -88% $12,357,082 TGM Theta Gold Mines Ltd 0.115 5% -8% 69% $84,849,001 FAL Falconmetalsltd 0.125 -14% -17% -56% $22,125,000 SXG Southern Cross Gold 1.15 -12% 10% 60% $104,014,245 SPD Southernpalladium 0.365 -3% 9% -57% $15,077,414 ORN Orion Minerals Ltd 0.015 7% 7% 0% $87,675,520 TMB Tambourahmetals 0.12 4% -23% 14% $9,952,842 TMS Tennant Minerals Ltd 0.033 -3% -6% 10% $24,456,424 AZY Antipa Minerals Ltd 0.017 -11% 21% -23% $70,291,735 PXX Polarx Limited 0.009 29% 20% -63% $11,477,317 TRE Toubaniresourcesinc 0.14 -3% -10% -13% $19,410,522 AUN Aurumin 0.028 17% 17% -55% $9,319,520 GPR Geopacific Resources 0.016 -6% -20% -49% $13,147,478 FXG Felix Gold Limited 0.049 2% -2% -59% $5,816,614 ILT Iltani Resources Lim 0.165 18% 14% 0% $5,611,733 ARD Argent Minerals 0.01 0% -23% -33% $12,917,590
WordPress Table Plugin
Best-performing goldies over the past week
The week’s biggest gainers
Strickland Metals (ASX:STK) +39%
NewPeak Metals (ASX:NPM) +35%
MetalsTech (ASX:MTC) +33%
African Gold (ASX:A1G) +33%
Cauldron Energy (ASX:CXU) +29%
And in other news
The US-dollar-fading collection of BRICS nations are reportedly growing…
Saudi Arabi, UAE, Egypt, Iran and Ethiopia have officially joined BRICS.
Welcome to the new year.
— Gold Telegraph (@GoldTelegraph_) January 1, 2024
The dollar had its worst year since 2020 last year.
Now, countries that are commodity powerhouses are coming together within BRICS to shift the global order.
Many people will remain asleep until they feel the effect in real time.
— Gold Telegraph (@GoldTelegraph_) January 1, 2024
The post Gold Digger: Scientific research, and Metals Focus analysis, tells us gold will shine in 2024 appeared first on Stockhead.
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