Gold shares have still not really followed the gold price. There could still be great potential for gains here, as many gold mining stocks are still significantly undervalued. The Fed has now completed its first interest rate hike and further easing is expected this year and next. Gold should therefore become even more attractive as a store of value. Around a quarter of global demand for gold comes from central banks. In the first half of 2024, central banks' appetite for gold was around five percent higher than in the same period last year. More and more investors are opting for a gold component in their portfolios. Among US financial advisors, for example, 71% have a very small or no gold allocation to date. This now appears to be changing.
Gold-backed exchange-traded funds are once again enjoying positive inflows. This applies to both North American and European funds. Since the beginning of the year until October 1, the price of gold has risen by an incredible 30 percent. The performance of the gold price should now be prompting investors in gold mining stocks to take action. After all, they have underperformed so far. This is despite the fact that gold mining shares are expected to make disproportionately high profits compared to gold when the gold price rises. But this is a train that is only just starting to move. In general, the large gold mining companies are the first to rise in value with the gold price, including the licensing and streaming companies, followed by the junior companies and the development companies. So it's not a bad time to look at royalty companies such as Gold Royalty or Osisko Gold Royalties.
Gold Royalty - https://www.commodity-tv.com/ondemand/companies/profil/gold-royalty-corp/ - is active in North and South America and expects to generate total revenues of USD 13 million to 14 million in 2024.
Osisko Gold Royalties - https://www.commodity-tv.com/ondemand/companies/profil/osisko-gold-royalties-ltd/ - focuses on gold and copper. The rich portfolio is geared towards North America. It shines with a royalty on the Canadian Malartic Complex, one of Canada's largest gold mines.
Current corporate information and press releases from Osisko Gold Royalties (- https://www.resource-capital.ch/de/unternehmen/osisko-gold-royalties-ltd/ -) and Gold Royalty (- https://www.resource-capital.ch/de/unternehmen/gold-royalty-corp/ -).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees may hold shares in the companies mentioned and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute a recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and in particular warrant investments are always associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of all content. Despite the utmost care, I expressly reserve the right to make errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but in no way claims to be accurate or complete. Due to court rulings, the contents of linked external pages are also to be answered for (e.g. Hamburg Regional Court, in the ruling of May 12, 1998 - 312 O 85/98), as long as no explicit dissociation from these is made. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/....
Gold-backed exchange-traded funds are once again enjoying positive inflows. This applies to both North American and European funds. Since the beginning of the year until October 1, the price of gold has risen by an incredible 30 percent. The performance of the gold price should now be prompting investors in gold mining stocks to take action. After all, they have underperformed so far. This is despite the fact that gold mining shares are expected to make disproportionately high profits compared to gold when the gold price rises. But this is a train that is only just starting to move. In general, the large gold mining companies are the first to rise in value with the gold price, including the licensing and streaming companies, followed by the junior companies and the development companies. So it's not a bad time to look at royalty companies such as Gold Royalty or Osisko Gold Royalties.
Gold Royalty - https://www.commodity-tv.com/ondemand/companies/profil/gold-royalty-corp/ - is active in North and South America and expects to generate total revenues of USD 13 million to 14 million in 2024.
Osisko Gold Royalties - https://www.commodity-tv.com/ondemand/companies/profil/osisko-gold-royalties-ltd/ - focuses on gold and copper. The rich portfolio is geared towards North America. It shines with a royalty on the Canadian Malartic Complex, one of Canada's largest gold mines.
Current corporate information and press releases from Osisko Gold Royalties (- https://www.resource-capital.ch/de/unternehmen/osisko-gold-royalties-ltd/ -) and Gold Royalty (- https://www.resource-capital.ch/de/unternehmen/gold-royalty-corp/ -).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees may hold shares in the companies mentioned and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute a recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and in particular warrant investments are always associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of all content. Despite the utmost care, I expressly reserve the right to make errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but in no way claims to be accurate or complete. Due to court rulings, the contents of linked external pages are also to be answered for (e.g. Hamburg Regional Court, in the ruling of May 12, 1998 - 312 O 85/98), as long as no explicit dissociation from these is made. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/....
