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Gold price - maybe higher again soon

Things have calmed down in the Middle East and US tariffs are probably not having such an impact.

(PresseBox) (Herisau, )
It is geopolitical crises that influence the price of gold, depending on whether they become weaker or stronger. The ceasefire between Iran and Israel seems to be working. The US president's tariff policy has probably not had an excessive impact so far, although this may yet come. Most recently, tariff negotiations have caused the price of the safe haven of gold to take a hit. It remains to be seen whether agreements will actually be reached with India, Japan and other countries. As far as the Fed's interest rate decisions are concerned, a rate cut in September is widely expected. And there is now also speculation that the Fed could cut interest rates as early as July.

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.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.

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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.