Gold’s competitive long-term return calls for a detailed look into why everyone from retail investors, to governments, to top financial institutions invests in it, and whether or not they’re likely to continue doing so in the future.
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By the ounce
At the time of writing on Tuesday, the price of gold sat at US$3,042.60, up from US$2,927.40 per ounce in our March 12 report, according to data from The Globe and Mail, pushing into an all-time-high as Trump’s trade war wages on.
This week in gold
Shares of San Lorenzo Gold (TSXV:SLG) rose after announcing new drilling assays from the Cerro Blanco porphyry target on its Salvadora copper and gold property in Chile. The stock has added 337.50 per cent over the past month as of March 17.
Maritime Resources (TSXV:MAE) shared impressive drilling results from its Hammerdown project in Newfoundland and Labrador, including 19.9 grams per ton gold over 17 m.
Mithril Silver and Gold (TSXV:MSG) announced high-grade drill results from its Copalquin district project in Mexico, including multiple intercepted silver and gold veins.
Top six trending gold stocks
- Laurion Mineral Exploration (TSXV:LME) | 13,800+ views.
- New Found Gold (TSXV:NFG) | 13,600+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 6,400+ views.
- Maritime Resources (TSXV:MAE) | 5,500+ views.
- No other gold stocks in this week’s top 10 mining Bullboards. See you next Wednesday!
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(Top image, generated by AI: Adobe Stock)