- Citi experts predict gold could reach $2,100 an ounce this quarter, $2,300 in the next 6 to 12 months
- Precious metal’s consistent performance has resulted in investors looking to reduce risks, maintain purchasing power by buying more gold
- GOH recently entered into agreements to acquire seven advanced gold projects in the Maricunga Gold Belt of Chile
In a detailed explanation of why gold will likely continue its upward trend for at least the foreseeable future, Citi economists conclude that “you would expect gold to perform extremely well” (https://ibn.fm/ZY4Q2). That upward trajectory stands to benefit a wide variety of companies operating in the gold industry, including GoldHaven Resources (CSE: GOH) (OTCQB: ATUMF), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties.
A recent CNBC article, titled “Citi Economists Explain Why Gold Surged Above $2,000, and What It Could Tell Us,” stated that the “spot gold price, which currently stands around $2,058 an ounce, has risen over 4% this week and is set for its ninth week of gains in a row, it’s longest consecutive weekly increase since 2006.” The article goes on to quote Citi experts who said they believed the metal could reach $2,100 an ounce this quarter, and…
NOTE TO INVESTORS: The latest news and updates relating to ATUMF are available in the company’s newsroom at http://ibn.fm/ATUMF
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