Gold price – maybe higher again soon

Should this happen, a significant rise in the price of the precious metal is to be expected. A new record price, i.e. over 3,500 US dollars per ounce, is certainly a possibility that investors should consider. Another factor for a higher gold price is the US budget deficit. At more than 36 trillion US dollars, the US national debt has reached an unprecedented level. If the US president succeeds with his planned tax cut, this further increase in debt will most likely fuel the gold price. After all, if the US gets into increasing financial difficulties, it can be expected that debt will be devalued because governments never become insolvent. Basically, as in the past, gold is the only trustworthy asset today. The values of gold companies should therefore also be in focus, for example Osisko Development or Tudor Gold.

Osisko Development – https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ – owns the Cariboo (Canada), San Antonio (Mexico) and Tintic (USA) projects. Production at Cariboo (around 190,000 ounces of gold per year over ten years) is scheduled to start in 2027.

Tudor Gold – https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/- owns the Treaty Creek project (80 percent) in the Golden Triangle. This hosts one of Canada’s largest gold discoveries with excellent expansion potential.

Current company information and press releases from Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -).

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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