The price of gold added more than 1 per cent on Monday after President Donald Trump’s announcement that the United States will impose a 25 per cent tariff on Canadian steel and aluminum imports.
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By the ounce
At the time of writing on Tuesday, the price of gold sat at an all-time-high of US$2,931 per ounce, up from US$2,876 in our Feb. 5 update, according to data from The Globe and Mail, fueling a resurgence in prospectivity across explorers, developers and producers thanks to improved project economics.
This week in gold
Mandalay Resources (TSX:MND) released high-grade drill results from its True Blue prospect next to its operating Costerfield gold and antimony mine in Victoria, Australia.
C3 Metals (TSXV:CCCM) delivered significant gold results from ongoing soil and channel sampling at its 50-per-cent owned Super Block project in Jamaica.
Viva Gold (TSXV:VAU) makes for enticing exposure to gold’s recent run-up thanks to rigorous development at its Tonopah West project in Nevada.
Top six trending gold stocks
- New Found Gold (TSXV:NFG) | 19,000+ views.
- Laurion Mineral Exploration (TSXV:LME) | 16,200+ views.
- Goliath Resources (TSXV:GOT) | 8,000+ views.
- Calibre Mining (TSX:CXB) | 7,200+ views.
- No other gold stocks in the top 10 mining Bullboards this week.
- See you next week!
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(Top photo from 2024 drilling on Viva Gold’s Tonopah West project in Nevada: Viva Gold)