When Rio's option on WRN ends next year Gold will be closer to $3,000 oz (CDN $4,000)
I have a good feeling next year is the year WRN will be sold to the highest bigger ! ($5.00 CDN)
What's different in 2025 ? WRN no longer need Rio money !
WRN is a junior with $75 Mil cash !
Gold will likely hit $3,000 in 2025, but analysts are not expecting another 30% rally
(Kitco News) - Gold's historic rally in 2024 is far from over as the new year approaches; however, many analysts are warning investors to temper their bullish enthusiasm, at least during the first half of the year.
Many analysts expect gold prices to hit $3,000 an ounce next year, but the rally is not expected to materialize until the second half of 2025. At the same time, with prices consolidating around $2,650 an ounce, next year's target would represent roughly a 13% gain compared to this year's nearly 30% rally.
M2