Insight
The (gold) bulls are back in town
Report summary
Numerous industry participants are calling for $2,000/oz next year, with some offering even more bullish predictions. The price remains highly leveraged to investor sentiment, but in the near-term, macroeconomic headwinds coupled with geopolitical tensions continue to be supportive for gold. Miners, however, remain adamant that in the face of pervading optimism they will not get caught up in gold’s luster. How long then until elevated prices are incorporated into long-term price assumptions? Adjusting the price at which reserves are deemed economic has proven costly in the past but resource conversion will be vital in averting a decline in gold supply.
Table of contents
- Reserve and resource price movements
Tables and charts
This report includes 4 images and tables including:
- Write-downs and impairments recorded between 2013-2015
- Average life of mine (years)
What's included
This report contains:
Other reports you may be interested in
Asset Report
NiWest - Cobalt project
A detailed analysis of the NiWest Laterite nickel project.
$2,250
Commodity Market Report
Global gas & LNG weekly summary: 17 Aug 2023
TTF searches for fair price amid strike uncertainty, more NCS maintenance is on the horizon with European storage now 90% full
$4,000
Insight
Diversified miners Q4-22 reported results review
A turnaround in prices and lower disruptions in Q4 bodes well for 2023
$1,050
