This could lead to a buyout after Rio option runs out in May of 2025 ?
Buyout for Casino's $4,000 oz gold ! $5-6 $$$$ CDN Gold
3,798.59 oz
+26.98
+0.72%
Link https://goldprice.org/gold-price-canada.html
Gold, silver power higher on safe-haven demand, bullish charts
(Kitco News) - Gold and silver futures prices are solidly up in midday U.S. trading Monday, with gold hitting another record high of $2,758.70, basis December Comex futures, while silver futures hit another 12-year high. Safe-haven bidding and bullish technical charts continue invite traders and investors to the long sides of those markets. December gold was last up $16.10 at $2,755.00 and December silver was up $0.862 at $34.935.
One focal point for traders and investors this week is the BRICS meeting (Brazil, Russia, India, China, South Africa). The Associated Press today said the meeting of the BRICS bloc of developing economies “aims to counterbalance the Western-led world order. And its bloc of members is expanding rapidly. Iran, Egypt, Ethiopia, the United Arab Emirates and Saudi Arabia joined in January; Turkey, Azerbaijan and Malaysia formally applied, and a number of others expressed a desire to be members.” A main goal of the group is to move away from U.S.-dollar-dominating global commerce, so called “de-dollarization.” This concept is bullish for the safe-haven gold and silver markets.
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