Gold Stocks on the Move: A Look at AngloGold Ashanti, Iamgold, and New Gold Performance
Friday, 8 March 2024, 17:11
Gold Soars to Record High
Climbing to an all-time high on Tuesday, the price of gold ended trading priced at $2,141.90.
Impact on Gold Stocks
- Investors turning to gold stocks for portfolio stability
- AngloGold Ashanti, Iamgold, and New Gold see significant price gains
- Some caution advised due to premium valuations
Future Growth and Profit Forecasts
- AngloGold Ashanti: Projects steady gold production for coming years
- Iamgold: Nears completion of Cote Gold mine with growth potential
- New Gold: Forecasts increased gold production and profits by 2026
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.