Gold was the most sought-after personal investment for Americans in 2023: new study
Get ready for a 20% rally for the yellow metal in 2024, believes Swedish investment firm
The week’s top ASX gold-related stocks led by Koonenberry Gold with an 86% gain
Your gold and ASX gold stocks roundup, Friday January 19.
Go Team Gold, Go! YaaaaaAAAAYYYY… GOLD!
Give me a G… give me an O… give… cutting to the chase we’re spelling gold.
Why the cheerleading? A few reasons, but the article-headlining one is this:
A new study has shown that gold remained the most popular personal investment in the United States in 2023.
The findings come from a financial publisher called The Lazy Trader, which used Google search data to examine the number of searches for each type of personal investment on its list (see below).
The methodology used is interesting – data was gathered from Google Keyword Planner search volumes of different personal investments, averaged over the period from January 2023 to October 2023 in the US.
Each investment type was combined with terms such as ‘investment tips’, ‘tips’, ‘buy’ and ‘prices’ to discover which ones had the highest search volumes.
Silver was the second most popular, closely followed by oil. Sorry, PEPE the frog, BONK and ASS (Australian Safe Shepherd) fans, but meme coins came in a fair way down the list at 48th.
Source: The Lazy Trader
Judging by these stats and methodology, then, gold has been smashing it, with an average monthly search volume of 1,191,827. It did have a pretty good year overall, with about a 13% return, making it a top commodity play.
“With the elevated interest rates and the continual concerns of a recession in the US, gold can be a reliable long-term investment and outperform other assets like properties and different equities as it is easier to liquidate,” reads The Lazy Trader report.
“There are also tax advantages in gold investments; gold prices have increased considerably in 2023 and have shown stability compared to other markets.”
How’s gold faring this week, then?
Gold has picked up pretty well on Friday after a stagnant week. It had been struggling a bit over the past few days, thanks to the cold water poured by the US Fed on great expectations of interest-rate-cutting in 2024.
That’s not to say cuts aren’t likely at some point, but the timeline seems like it has a strong chance of pushing out a tad from the initial anticipation which pegged March as the month for a first cut in 2024.
Traders revised their views on rates after Fed Reserve Governor Christopher Waller said earlier this week that the central bank won’t rush to cut interest rates until it is clear lower inflation will be sustained. However he admits that the Fed is “within striking distance” of the 2% inflation goal.
“When the time is right to begin lowering rates, I believe it can and should be lowered methodically and carefully,” he added.
Despite this, though, gold has recovered somewhat at the back end of this week, with the US spot price lifting from near the psychologically important level of US$2,000/oz, to US$2,027 at the time of writing.
In plastic fantastic Aussie bucks, it’s sporting a reasonably healthy glow, too, trading near $3,080.
Rising tensions (again) in the Middle East may well have something to do with the late-week pick-up, with the safe haven aspect once more coming back into consideration.
Unfortunately for that messy part of the world, sh*t just got even real-er, after Pakistan launched retaliatory airstrikes inside Iran, killing at least nine people.
This comes after Iran’s attack Tuesday on Pakistani soil that killed two. Escalation fears remain palpable, with the US also initiating more air strikes earlier this week against Iranian-backed Houthi rebel targets in Yemen.
Swedish investment firm sees 20% gold rally in 2024
Here’s something else, though. According to Swedish investment firm AuAG, “there is no bull market quite like a gold bull market”.
That may be true, but have they ever studied crypto bull markets? Just sayin’.
The AuAg analysts, though, have a very positive outlook on the yellow metal, expecting a 20% rally in the commodity this year, which would push it past US$2,400 an ounce.
Thesis? This, mainly:
“We believe that central banks will shift away from rate hikes and adopt a more accommodative policy stance in 2024, which will catalyze a substantial upswing in gold prices for the foreseeable future,” said the analysts.
Also, this:
“Since the great financial crisis, central banks have consistently increased their gold reserves, setting new records in both 2022 and 2023.”
And this – a scenario based on a crumbling USD:
“The USD is anticipated to continue its decline against the EUR and GBP in 2024, as the Federal Reserve is likely to commence a cycle of interest rate reductions. Moreover, the USD is gradually shedding some of its premium as the world’s reserve currency. Both these factors are expected to provide significant support for gold priced in USD.”
The firm also thinks silver is going to have an even better year, predicting a 48% return by year’s end.
And, along with its gold and silver price expectations, the firm thinks the mining sector will benefit. Take note, ASX goldie fans:
“Gold miners are historically undervalued relative to gold, a trend likely to reverse and overshoot during the forthcoming secular gold bull market.
“Gold miners are also historically undervalued compared to the S&P 500, presenting a unique and attractive entry point.”
Part of the reason the firm is bullish on good gold mining stocks broadly (but in particular smaller and mid-cap producers) is that it believes miners have reduced debt levels significantly over the past decade. Something that can’t be said for too many other sectors.
“Since 2021, companies in the commodity sector have sustained robust cash flows, with precious metal producers boasting the highest margins. Gold miners have become more shareholder-friendly and are more cautious with new costly projects.”
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 0.014 -7% -18% -65% $15,188,145 NPM Newpeak Metals 0.019 -5% 6% -81% $1,899,083 ASO Aston Minerals Ltd 0.0195 -7% -25% -76% $25,901,285 MTC Metalstech Ltd 0.22 -2% 33% -50% $41,570,010 FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315 GED Golden Deeps 0.04 -9% -9% -60% $4,620,894 G88 Golden Mile Res Ltd 0.017 -6% -6% -32% $5,270,232 DCX Discovex Res Ltd 0.0015 -25% 0% -50% $4,953,852 NMR Native Mineral Res 0.014 -30% -42% -86% $3,356,008 AQX Alice Queen Ltd 0.006 0% 20% -82% $4,145,905 SLZ Sultan Resources Ltd 0.016 -6% -33% -82% $2,519,231 MKG Mako Gold 0.009 0% -5% -79% $5,961,685 KSN Kingston Resources 0.071 -10% -14% -35% $37,845,099 AMI Aurelia Metals Ltd 0.1025 -11% -2% -33% $168,976,740 PNX PNX Metals Limited 0.004 33% 0% 7% $21,522,499 GIB Gibb River Diamonds 0.031 3% 3% -50% $6,556,793 KCN Kingsgate Consolid. 1.215 -4% -9% -31% $315,745,823 TMX Terrain Minerals 0.0055 -8% 38% -21% $6,767,139 BNR Bulletin Res Ltd 0.105 -22% -13% 0% $29,361,332 NXM Nexus Minerals Ltd 0.044 -2% 0% -80% $17,118,646 SKY SKY Metals Ltd 0.037 3% -3% -26% $17,071,729 LM8 Lunnonmetalslimited 0.38 -32% -45% -60% $93,368,970 CST Castile Resources 0.064 -19% -26% -38% $15,481,755 YRL Yandal Resources 0.099 -36% 18% 0% $25,819,877 FAU First Au Ltd 0.003 0% 0% -25% $4,985,980 ARL Ardea Resources Ltd 0.42 -8% -20% -49% $84,717,273 GWR GWR Group Ltd 0.085 -6% 0% 37% $27,303,416 IVR Investigator Res Ltd 0.035 -3% -5% -22% $53,851,906 GTR Gti Energy Ltd 0.012 33% 50% -6% $24,599,365 IPT Impact Minerals 0.012 0% 33% 33% $34,376,447 BNZ Benzmining 0.2 -9% -23% -49% $23,407,855 MOH Moho Resources 0.01 -9% 11% -52% $5,359,412 BCM Brazilian Critical 0.025 9% 14% -77% $18,498,920 PUA Peak Minerals Ltd 0.003 0% 0% -40% $3,124,130 MRZ Mont Royal Resources 0.11 -15% -29% -39% $9,353,277 SMS Starmineralslimited 0.04 0% 14% -45% $3,036,912 MVL Marvel Gold Limited 0.011 0% 0% -58% $9,501,698 PRX Prodigy Gold NL 0.006 0% -14% -54% $10,506,647 AAU Antilles Gold Ltd 0.023 5% 10% -45% $18,884,459 CWX Carawine Resources 0.105 0% -13% -15% $24,793,172 RND Rand Mining Ltd 1.37 0% 4% -6% $77,920,067 CAZ Cazaly Resources 0.02 -26% -31% -43% $12,275,181 BMR Ballymore Resources 0.14 4% 4% -13% $24,686,282 DRE Dreadnought Resources Ltd 0.027 0% -13% -71% $97,414,043 ZNC Zenith Minerals Ltd 0.165 18% 10% -34% $58,142,846 REZ Resourc & En Grp Ltd 0.013 8% 0% 8% $6,497,475 LEX Lefroy Exploration 0.155 -11% -6% -35% $31,957,968 ERM Emmerson Resources 0.051 -4% -9% -41% $25,601,360 AM7 Arcadia Minerals 0.07 0% -10% -69% $7,633,507 ADT Adriatic Metals 3.345 -5% 4% 2% $825,587,172 AS1 Asara Resources Ltd 0.012 0% 9% -65% $9,512,771 CYL Catalyst Metals 0.695 -1% -19% -50% $149,707,130 CHN Chalice Mining Ltd 1.085 -17% -38% -84% $412,301,102 KAL Kalgoorliegoldmining 0.026 -10% 0% -69% $4,121,019 MLS Metals Australia 0.034 0% 0% -29% $22,465,303 ADN Andromeda Metals Ltd 0.026 13% 30% -58% $80,860,219 MEI Meteoric Resources 0.225 -12% 2% 257% $467,678,164 SRN Surefire Rescs NL 0.01 11% 11% -29% $17,668,420 SIH Sihayo Gold Limited 0.002 33% 33% 33% $24,408,512 WA8 Warriedarresourltd 0.059 20% 9% -61% $30,114,893 HMX Hammer Metals Ltd 0.041 -11% -16% -44% $37,229,109 WCN White Cliff Min Ltd 0.017 70% 70% 21% $20,429,749 AVM Advance Metals Ltd 0.036 0% -10% -85% $1,443,058 WRM White Rock Min Ltd 0.063 0% 0% -9% $17,508,200 ASR Asra Minerals Ltd 0.006 -14% -25% -68% $9,818,974 MCT Metalicity Limited 0.003 20% 50% 0% $13,455,161 AME Alto Metals Limited 0.036 -16% -14% -50% $26,696,357 CTO Citigold Corp Ltd 0.005 0% 0% 0% $14,368,295 TIE Tietto Minerals 0.605 -2% -4% -24% $683,583,723 SMI Santana Minerals Ltd 1.285 9% 44% 75% $231,180,960 M2R Miramar 0.027 8% 4% -64% $4,466,086 MHC Manhattan Corp Ltd 0.0045 29% 13% -36% $11,747,919 GRL Godolphin Resources 0.042 5% 11% -58% $7,108,165 SVG Savannah Goldfields 0.038 -14% -13% -78% $8,772,769 EMC Everest Metals Corp 0.08 -2% -1% -24% $12,572,799 GUL Gullewa Limited 0.055 0% 0% -8% $11,262,521 CY5 Cygnus Metals Ltd 0.1 -13% -17% -75% $29,155,914 G50 Gold50Limited 0.12 0% -4% -45% $13,114,800 ADV Ardiden Ltd 0.175 3% 9% -49% $10,940,564 AAR Astral Resources NL 0.067 -6% -9% -13% $53,137,535 VMC Venus Metals Cor Ltd 0.098 -2% -15% 16% $18,403,682 NAE New Age Exploration 0.005 0% -17% -38% $8,969,495 VKA Viking Mines Ltd 0.014 -7% 17% 75% $14,353,618 LCL LCL Resources Ltd 0.014 -13% -7% -68% $14,267,199 MTH Mithril Resources 0.002 0% 0% -50% $6,737,609 ADG Adelong Gold Limited 0.005 0% 0% -72% $3,498,278 RMX Red Mount Min Ltd 0.003 0% 0% -40% $8,020,728 PRS Prospech Limited 0.039 18% 26% 28% $11,886,544 TTM Titan Minerals 0.022 -12% -15% -72% $38,899,195 NML Navarre Minerals Ltd 0.019 0% 0% -53% $28,555,654 MZZ Matador Mining Ltd 0.035 0% -34% -73% $17,837,334 KZR Kalamazoo Resources 0.09 -33% -7% -58% $17,301,782 BCN Beacon Minerals 0.025 0% -4% -17% $93,919,204 MAU Magnetic Resources 0.88 1% -13% 10% $221,423,870 BC8 Black Cat Syndicate 0.225 -6% -18% -50% $65,309,549 EM2 Eagle Mountain 0.074 -3% 1% -66% $21,957,614 EMR Emerald Res NL 3.185 0% 11% 142% $2,036,856,251 BYH Bryah Resources Ltd 0.013 0% 4% -47% $5,636,894 HCH Hot Chili Ltd 0.98 0% 0% -4% $117,056,302 WAF West African Res Ltd 0.925 -4% -2% -27% $959,626,102 MEU Marmota Limited 0.044 7% -6% -4% $46,587,225 NVA Nova Minerals Ltd 0.33 3% -15% -50% $68,539,237 SVL Silver Mines Limited 0.1475 -8% -8% -28% $217,671,482 PGD Peregrine Gold 0.33 14% 40% -30% $21,438,874 ICL Iceni Gold 0.048 -26% -14% -63% $12,462,214 FG1 Flynngold 0.052 -12% 0% -46% $8,743,455 WWI West Wits Mining Ltd 0.011 -8% -15% -42% $29,164,700 RML Resolution Minerals 0.003 0% 0% -67% $3,779,990 AAJ Aruma Resources Ltd 0.025 -4% 0% -68% $5,316,071 AL8 Alderan Resource Ltd 0.005 0% 0% -44% $5,534,307 GMN Gold Mountain Ltd 0.004 -20% -20% -33% $9,076,314 MEG Megado Minerals Ltd 0.027 17% 8% -40% $6,870,300 HMG Hamelingoldlimited 0.078 4% 5% -42% $12,285,000 TBA Tombola Gold Ltd 0.026 0% 0% 0% $33,129,243 BM8 Battery Age Minerals 0.18 -12% 0% -64% $16,490,343 TBR Tribune Res Ltd 2.95 0% 5% -26% $153,731,466 FML Focus Minerals Ltd 0.18 6% 6% -3% $48,714,970 GSR Greenstone Resources 0.008 -11% 23% -72% $9,576,794 VRC Volt Resources Ltd 0.006 -14% -14% -57% $28,910,747 ARV Artemis Resources 0.016 -16% -16% -30% $30,441,531 HRN Horizon Gold Ltd 0.3 9% 0% -8% $43,451,977 CLA Celsius Resource Ltd 0.012 9% -14% -45% $26,952,620 QML Qmines Limited 0.075 -6% -3% -58% $15,819,454 RDN Raiden Resources Ltd 0.029 -19% -15% 511% $74,383,823 TCG Turaco Gold Limited 0.125 0% 4% 112% $76,336,000 KCC Kincora Copper 0.04 0% 18% -51% $7,950,602 GBZ GBM Rsources Ltd 0.008 0% -27% -83% $5,851,463 DTM Dart Mining NL 0.016 0% 0% -74% $3,413,694 MKR Manuka Resources. 0.07 -3% -20% -24% $39,558,404 AUC Ausgold Limited 0.027 4% -13% -53% $59,699,671 ANX Anax Metals Ltd 0.024 -11% -14% -65% $11,604,423 EMU EMU NL 0.001 0% 0% -82% $2,024,771 SFM Santa Fe Minerals 0.043 0% 0% -41% $3,131,208 SSR SSR Mining Inc. 15.06 -1% -6% -39% $97,244,006 PNR Pantoro Limited 0.045 -6% -12% -59% $234,181,373 CMM Capricorn Metals 4.37 -4% -4% -6% $1,622,476,052 X64 Ten Sixty Four Ltd 0.57 0% 0% -14% $130,184,182 SI6 SI6 Metals Limited 0.005 0% 0% -17% $9,969,297 HAW Hawthorn Resources 0.098 -2% -1% -11% $32,831,530 BGD Bartongoldholdings 0.24 -4% -2% -11% $46,928,939 SVY Stavely Minerals Ltd 0.044 0% -6% -82% $16,805,364 AGC AGC Ltd 0.07 3% 9% 8% $14,444,444 RGL Riversgold 0.01 -20% -17% -67% $10,644,276 TSO Tesoro Gold Ltd 0.027 -4% -7% -25% $31,969,098 GUE Global Uranium 0.165 27% 57% 0% $33,953,436 CPM Coopermetalslimited 0.295 -14% -2% 23% $19,628,473 MM8 Medallion Metals. 0.06 -3% -3% -59% $18,459,099 FFM Firefly Metals Ltd 0.545 1% -4% -37% $192,227,948 CBY Canterbury Resources 0.025 -4% -17% -38% $4,293,522 LYN Lycaonresources 0.19 -10% 27% -36% $8,811,250 SFR Sandfire Resources 6.55 -1% -4% 5% $3,002,440,094 TMZ Thomson Res Ltd 0.005 0% 0% -76% $4,881,018 TAM Tanami Gold NL 0.034 -3% -6% -17% $41,128,397 WMC Wiluna Mining Corp 0.205 0% 0% 0% $74,238,031 NWM Norwest Minerals 0.025 -4% -7% -60% $7,476,807 ALK Alkane Resources Ltd 0.5625 -10% -13% -20% $340,942,084 BMO Bastion Minerals 0.017 6% 21% -58% $5,294,549 IDA Indiana Resources 0.076 -6% 21% 27% $48,603,728 GSM Golden State Mining 0.012 -8% -20% -73% $3,352,448 NSM Northstaw 0.048 -2% -21% -75% $6,853,913 GSN Great Southern 0.018 -10% -14% -42% $13,583,433 RED Red 5 Limited 0.3 0% -8% 25% $1,004,502,159 DEG De Grey Mining 1.1675 -5% -13% -23% $2,147,468,009 THR Thor Energy PLC 0.039 26% 26% -35% $7,255,417 CDR Codrus Minerals Ltd 0.062 3% 11% -56% $5,348,938 MDI Middle Island Res 0.017 0% 21% -64% $3,700,118 WTM Waratah Minerals Ltd 0.082 -13% -18% -45% $12,695,982 POL Polymetals Resources 0.285 -3% -10% 46% $44,921,075 RDS Redstone Resources 0.005 0% 0% -44% $4,606,892 NAG Nagambie Resources 0.028 4% 4% -51% $22,233,056 BGL Bellevue Gold Ltd 1.4425 -5% -14% 12% $1,634,317,878 GBR Greatbould Resources 0.062 -2% -11% -30% $35,322,545 KAI Kairos Minerals Ltd 0.013 -4% -7% -43% $34,071,858 KAU Kaiser Reef 0.13 -16% -21% -35% $21,808,096 HRZ Horizon 0.035 -3% -22% -41% $25,235,412 CAI Calidus Resources 0.205 3% 17% -52% $128,587,407 CDT Castle Minerals 0.007 -13% -13% -70% $7,959,204 RSG Resolute Mining 0.4075 2% -7% 66% $872,910,505 MXR Maximus Resources 0.042 -7% 20% 0% $13,479,722 EVN Evolution Mining Ltd 3.155 -17% -16% -5% $6,143,825,308 CXU Cauldron Energy Ltd 0.045 32% 73% 509% $49,844,919 DLI Delta Lithium 0.295 -11% -38% -36% $206,427,696 ALY Alchemy Resource Ltd 0.009 -10% 0% -47% $10,602,686 HXG Hexagon Energy 0.01 0% -9% -44% $5,129,159 OBM Ora Banda Mining Ltd 0.23 -4% 7% 135% $392,557,070 SLR Silver Lake Resource 1.1525 0% 0% -18% $1,074,955,983 AVW Avira Resources Ltd 0.002 0% 100% -33% $4,267,580 LCY Legacy Iron Ore 0.016 -6% 0% -11% $102,509,219 PDI Predictive Disc Ltd 0.195 -3% -9% 5% $404,867,597 MAT Matsa Resources 0.028 4% 8% -28% $13,407,073 ZAG Zuleika Gold Ltd 0.02 18% 18% 18% $14,721,710 GML Gateway Mining 0.022 22% -24% -68% $7,489,149 SBM St Barbara Limited 0.18 -8% -10% -51% $147,234,668 SBR Sabre Resources 0.03 0% -3% -35% $10,862,663 STK Strickland Metals 0.1 -17% 19% 163% $162,661,002 ION Iondrive Limited 0.012 0% 9% -56% $5,835,423 CEL Challenger Gold Ltd 0.07 3% 3% -60% $88,281,786 LRL Labyrinth Resources 0.006 0% 0% -70% $7,125,262 NST Northern Star 12.255 -5% -7% 2% $13,963,036,559 OZM Ozaurum Resources 0.098 -22% -7% 13% $16,668,750 TG1 Techgen Metals Ltd 0.056 -20% -37% -36% $5,574,849 XAM Xanadu Mines Ltd 0.051 -2% -9% 70% $88,442,675 AQI Alicanto Min Ltd 0.037 12% 3% -37% $21,536,788 KTA Krakatoa Resources 0.022 -24% -48% -48% $10,386,359 ARN Aldoro Resources 0.082 -15% -1% -64% $11,308,394 WGX Westgold Resources. 2.01 4% -8% 71% $961,454,142 MBK Metal Bank Ltd 0.025 4% -19% -37% $10,542,401 A8G Australasian Metals 0.135 -10% -10% -33% $7,036,267 TAR Taruga Minerals 0.008 -27% -27% -65% $5,648,214 DTR Dateline Resources 0.009 -10% 0% -76% $11,966,005 GOR Gold Road Res Ltd 1.6575 -4% -15% -1% $1,805,606,071 S2R S2 Resources 0.145 -6% -22% -15% $65,519,409 NES Nelson Resources. 0.005 0% 25% -44% $3,067,972 TLM Talisman Mining 0.24 -2% 14% 41% $44,255,282 BEZ Besragoldinc 0.1325 -5% 2% 155% $56,443,622 PRU Perseus Mining Ltd 1.76 2% -4% -24% $2,396,869,103 SPQ Superior Resources 0.016 7% 7% -76% $30,018,306 PUR Pursuit Minerals 0.007 0% -13% -71% $20,607,800 RMS Ramelius Resources 1.5125 -2% -7% 41% $1,724,875,082 PKO Peako Limited 0.004 0% -20% -76% $2,108,339 ICG Inca Minerals Ltd 0.01 0% 0% -62% $5,290,437 A1G African Gold Ltd. 0.038 3% 52% -55% $6,264,515 OAU Ora Gold Limited 0.0075 7% 7% 50% $39,837,006 GNM Great Northern 0.02 0% 5% -67% $2,937,952 KRM Kingsrose Mining Ltd 0.037 0% -10% -52% $29,348,534 BTR Brightstar Resources 0.0135 -10% -10% -41% $33,185,304 RRL Regis Resources 2.055 -5% 0% -7% $1,563,551,333 M24 Mamba Exploration 0.055 8% 25% -75% $3,524,525 TRM Truscott Mining Corp 0.05 0% -9% -9% $8,668,353 TNC True North Copper 0.081 -19% -19% 53% $31,556,999 MOM Moab Minerals Ltd 0.007 17% 0% -30% $4,983,744 KNB Koonenberrygold 0.08 86% 100% 33% $9,579,927 AWJ Auric Mining 0.12 0% 74% 100% $15,703,151 AZS Azure Minerals 3.67 0% 1% 1123% $1,683,354,040 ENR Encounter Resources 0.285 -11% 19% 63% $112,630,219 SNG Siren Gold 0.065 0% 30% -63% $11,101,075 STN Saturn Metals 0.19 3% 23% 0% $41,319,788 USL Unico Silver Limited 0.11 0% 0% -31% $32,565,675 PNM Pacific Nickel Mines 0.059 -25% -31% -32% $25,095,186 AYM Australia United Min 0.003 0% 50% -40% $5,527,732 ANL Amani Gold Ltd 0.001 0% 0% 0% $25,143,441 HAV Havilah Resources 0.16 -11% -41% -61% $53,828,666 SPR Spartan Resources 0.41 -11% -13% 145% $386,395,574 PNT Panthermetalsltd 0.06 0% 0% -67% $5,101,500 MEK Meeka Metals Limited 0.039 0% 0% -33% $49,388,357 GMD Genesis Minerals 1.6025 -1% -8% 18% $1,748,781,474 PGO Pacgold 0.19 -3% -12% -47% $15,987,634 FEG Far East Gold 0.135 -4% -10% -71% $24,381,838 MI6 Minerals260Limited 0.275 0% -4% -18% $58,500,000 IGO IGO Limited 7.125 -10% -20% -50% $5,399,319,507 GAL Galileo Mining Ltd 0.23 -13% -6% -75% $43,477,484 RXL Rox Resources 0.155 -14% -14% -24% $57,249,910 KIN KIN Min NL 0.064 -2% -6% 19% $71,867,183 CLZ Classic Min Ltd 0.001 0% 0% -89% $12,357,082 TGM Theta Gold Mines Ltd 0.11 -8% -4% 53% $74,242,876 FAL Falconmetalsltd 0.12 -11% -17% -56% $22,125,000 SXG Southern Cross Gold 1.03 -6% -9% 39% $91,406,457 SPD Southernpalladium 0.31 -3% -9% -62% $13,785,065 ORN Orion Minerals Ltd 0.013 -10% -13% -21% $75,985,451 TMB Tambourahmetals 0.095 -21% -21% -17% $7,879,334 TMS Tennant Minerals Ltd 0.032 -6% -11% -6% $25,220,687 AZY Antipa Minerals Ltd 0.016 0% 14% -33% $62,022,119 PXX Polarx Limited 0.011 38% 83% -58% $14,756,551 TREDA Toubani Res Ltd 0.12 -4% -20% -37% $16,063,880 AUN Aurumin 0.03 3% 36% -52% $10,753,292 GPR Geopacific Resources 0.016 -6% -11% -50% $13,147,478 FXG Felix Gold Limited 0.046 15% 12% -58% $5,460,494 ILT Iltani Resources Lim 0.19 12% 36% 0% $6,461,996 ARD Argent Minerals 0.008 -20% -20% -58% $10,334,072
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Best-performing goldies over the past week
The week’s biggest gainers
Koonenberry Gold (ASX:KNB) +86%
KNB has approval to drill the Atlantis copper gold prospect, an extensive 6.5km long anomaly underneath a scattering of high grade (+15%) copper rock chips in NSW.
The $9m capped junior reckons Atlantis has a similar vibe to the +5Moz Stawell gold mine in Western Victoria.
For more, read > here
White Cliff Minerals (ASX:WCN) +70%
WCN has actually made a head-turning uranium pivot, which accounts for recent outsized gains. For more on that, read > here)
PolarX (ASX:PXX) +38%
Sihayo Gold (ASX:SIH) +33%
PNX Metals (ASX:PNX) +33%
GTI Energy (ASX:GTR) +33%
The post Gold Digger: Gold wins popularity contest with US punters, a long way ahead of DOGE, BONK and ASS appeared first on Stockhead.
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