Precious metals are suitable as a long-term investment. Gifts can also be made of non-personal shares that have leverage on the gold price. They only have to be transferred from the giver’s custody account to the recipient’s custody account, which is possible. A Christmas bonus could also be invested in gold. Then you have a treasure that lasts. Gold is a strong investment and offers reliable protection against loss of value. Right now, the price of gold could be on the verge of new record highs. Geopolitical uncertainties, possible interest rate cuts expected soon and strong demand for gold from central banks are factors that will strengthen the price of the precious metal. There are market participants such as UBS, for example, which even expects interest rate cuts of up to 2.5% in the new year.

After all, the US budget is suffering from its extreme debt and the associated interest rates. In addition, gold ETFs are showing renewed interest in the precious metal and bond yields are falling. There is also a trend away from the US dollar, which should also help the gold price to reach new heights. And who is not happy about an increase in the value of their investments? With the significant rise in the gold price this year, gold shares are now also visibly gaining in value. Just look at the performance of Newmont, the world’s largest gold producer.

However, the opportunities for value growth can also lie more with smaller gold companies. Recommended companies include Fury Gold Mines and Gold Terra Resource, for example.

Fury Gold Mines – https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ – is active in Quebec and Nunavut, is well financed and owns a gold platform with several million ounces.

In the Northwest Territories, Gold Terra Resource – https://www.commodity-tv.com/ondemand/companies/profil/gold-terra-resource-corp/ – is successfully drilling its Yellowknife gold project.

Current company information and press releases from Gold Terra Resource (- https://www.resource-capital.ch/en/companies/gold-terra-resource-corp/ -) and Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-gold-mines-ltd/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/