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Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Things are looking good for the gold price

There is good news from India, an important gold consumer

(PresseBox) (Herisau, )
The monsoon rains, which are so important for the country and its population, were plentiful. This is good for the incomes of the large rural population in particular. Higher gold purchases can also be expected. In addition, the import tax was lowered, which also has a positive effect on the demand for gold, including in the jewelry sector. Because if import taxes fall, gold can be purchased more cheaply. As a result, the mark-ups charged by Indian traders have also increased.

In China, on the other hand, price discounts are low, which probably indicates low demand. The World Gold Council is positive about investment demand. The enormous budget deficit in the US, the expected low key interest rates in the US, which also applies to Europe, and the existing geopolitical uncertainties are having an impact. Add to this the central banks' hunger for gold, which is set to continue, and the gold ETF purchases, which give hope, and the path to higher gold prices should be paved.

Despite higher gold prices, demand should therefore pick up again. The elections in the US are another factor that should not be underestimated. Goldman Sachs has already advised investors to hedge against a possible Donald Trump victory with gold. This is because Trump's plans to cut taxes and increase tariffs at the same time could have inflationary consequences. Trump's desire to gain some control over the US Federal Reserve is also not necessarily appealing. After all, if interest rates are low, control over inflation will diminish. There has also been a trade war between the US and China during Trump's reign. Retaliatory tariffs have had a negative impact on employment figures.

In any case, hedging with gold is always worthwhile. This also includes the values of gold companies. Investors also receive diversification from royalty companies.

Gold Royalty - https://www.commodity-tv.com/play/quarterly-update-from-gold-royalty-and-mag-silver/ - is active in North and South America. The company has recorded encouraging sales growth.

At Osisko Gold Royalties - https://www.commodity-tv.com/ondemand/companies/profil/osisko-gold-royalties-ltd/ - the focus is on gold and copper.

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 sites are co-responsible (e.g. Hamburg Regional Court, in the judgment of 12.05.1998 - 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/....

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.