{"id":4050,"date":"2024-01-05T05:31:15","date_gmt":"2024-01-05T05:31:15","guid":{"rendered":"https:\/\/economicherald.net\/?p=4050"},"modified":"2024-01-05T05:31:15","modified_gmt":"2024-01-05T05:31:15","slug":"gold-digger-scientific-research-and-metals-focus-analysis-tells-us-gold-will-shine-in-2024","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=4050","title":{"rendered":"Gold Digger: Scientific research, and Metals Focus analysis, tells us gold will shine in 2024"},"content":{"rendered":"

The results you haven\u2019t been waiting for are in. But our impromptu gold-price poll is eye opening
\nMeanwhile global analysts Metals Focus also has a positive outlook
\nThe week\u2019s top ASX gold-related stocks led by: STK, NPM, MTC<\/p>\n

\u00a0<\/p>\n

Gold\u2019s good 2023 form (a 14.6% return) hasn\u2019t so far<\/em> continued in 2024, but, of course, that\u2019s not saying much \u2013 the year is but an embryo.<\/p>\n

In US dollars, the yellow metal\u2019s spot price has dipped about $30, from $2,077 an ounce on January 2, to about $2,047<\/strong> at the time of writing.<\/p>\n

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<\/strong>.<\/p>\n

Here, by the way, is how gold shaped up in 2023 compared with several other key assets, according to the World Gold Council.<\/p>\n

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Source: Bloomberg, ICE Benchmark Administration, World Gold Council. *As of December 31, 2023.<\/em><\/p>\n

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(Bitcoin, by the way, with roughly a 154% return in 2023, was clearly too big to fit on this graph.)<\/p>\n

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\u2019ll get to further below.<\/p>\n

But before we do, this\u2026<\/p>\n

\u00a0<\/p>\n

Stockhead poll shows big belief in yellow metal<\/h2>\n

Here\u2019s something for you, fresh from the Stockhead<\/em> lab. (Which is basically the end of the desk where our chief social engineer and professional X-operator Banksy sits.)<\/p>\n

It\u2019s a highly scientifically put-together poll on gold\u2019s price direction this year, resulting in a small but not totally insignificant data capture from a searingly intelligent section of the community \u2013 Stockhead<\/em> followers on X.<\/p>\n

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$GOLD<\/a> and #bitcoin<\/a> will both shoot the lights out win-win in my opinion!<\/p>\n

\u2014 RiskItForTheBiscuit (@Anthony02274412) January 3, 2024<\/a><\/p>\n\n

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And the survey says\u2026<\/p>\n

\u2022 More than 71%<\/strong> 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.<\/p>\n

\u2022 37%<\/strong> of those who took part on in the poll actually believe it\u2019ll hit stratospheric<\/em> 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.)<\/p>\n

\u2022 19.6%<\/strong> think the spot gold price is one big yawn, and will remain as steady as an undertaker\u2019s or ATO worker\u2019s pay cheques.<\/p>\n

\u2022 While just a handful of you (8.7%<\/strong>) reckon it might about to be disgustingly outperformed by Bitcoin. (Again.) By our calculations, that\u2019s four whole people, and a tiny fraction of another one \u2013 possibly an itchy trigger finger hovering over a buy button on Coinbase.<\/p>\n

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$GOLD<\/a> and #bitcoin<\/a> will both shoot the lights out win-win in my opinion!<\/p>\n

\u2014 RiskItForTheBiscuit (@Anthony02274412) January 3, 2024<\/a><\/p>\n\n

pic.twitter.com\/IRzFOFI0I9<\/a><\/p>\n

\u2014 Dan Held (@danheld) January 1, 2024<\/a><\/p>\n\n

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\u2018A strong boost for gold\u2019 in 2024: Metals Focus<\/h2>\n

Precious metals gurus Metals Focus notes in its latest report, released today, that it expects 2024 to begin with a small dip \u2013 \u201ca modest retreat\u201d \u2013 for gold prices, which is playing out.<\/p>\n

Part of the analysts\u2019 reasoning is central banks keeping rates steady for longer than current market consensus.<\/p>\n

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.<\/p>\n

Metals Focus continued, though with:<\/p>\n

\u201cThat said, we believe the downside [for gold prices] will be limited and temporary.<\/p>\n

\u201cOnce 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.\u201d<\/p>\n

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 \u201cnotable price recovery\u201d later this year to around US$2,100.<\/p>\n

On the conservative side? Certainly compared with some, but it\u2019s an ultimately positive take.<\/p>\n

The precious metals analysts caveated, however that a \u201cpersistent structural deficit, sizeable above-ground stocks and concerns about the Chinese economy\u201d will likely dampen investor interest for a little while first.<\/p>\n

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Winners & Losers<\/h2>\n

Here\u2019s how ASX-listed precious metals stocks are performing:<\/strong><\/p>\n

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop.<\/p>\n

Stocks missing from this list? Email\u00a0rob.badman@stockhead.com.au\u00a0<\/strong><\/p>\n

<\/div>\n
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 <\/div>\n

WordPress Table Plugin<\/a><\/p>\n

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Best-performing goldies over the past week<\/strong><\/h2>\n

The week\u2019s biggest gainers <\/em><\/p>\n

Strickland Metals (ASX:STK)<\/strong><\/a> +39%<\/strong><\/p>\n

NewPeak Metals (ASX:NPM)<\/strong><\/a> \u00a0+35%<\/strong><\/p>\n

MetalsTech (ASX:MTC)<\/strong><\/a> \u00a0+33%<\/strong><\/p>\n

African Gold (ASX:A1G)<\/strong><\/a> +33%<\/strong><\/p>\n

Cauldron Energy (ASX:CXU)<\/strong><\/a> +29%<\/strong><\/p>\n

\u00a0<\/p>\n

And in other news<\/h2>\n

The US-dollar-fading collection of BRICS nations are reportedly growing\u2026<\/p>\n

\u00a0<\/p>\n

Saudi Arabi, UAE, Egypt, Iran and Ethiopia have officially joined BRICS. <\/p>\n

Welcome to the new year.<\/p>\n

\u2014 Gold Telegraph (@GoldTelegraph_) January 1, 2024<\/a><\/p>\n\n

\u00a0<\/p>\n

The dollar had its worst year since 2020 last year. <\/p>\n

Now, countries that are commodity powerhouses are coming together within BRICS to shift the global order. <\/p>\n

Many people will remain asleep until they feel the effect in real time.<\/p>\n

\u2014 Gold Telegraph (@GoldTelegraph_) January 1, 2024<\/a><\/p>\n\n

<\/span><\/p>\n

The post Gold Digger: Scientific research, and Metals Focus analysis, tells us gold will shine in 2024<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The results you haven\u2019t been waiting for are in. 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