The new golden age is now
Von Swiss Resource Capital AG
Gold mining began in the Copper Age. Later, gold was often the reason for conquests and wars. The Roman Empire then relied on the precious metal as the empire ... | Weiterlesen
Tariffs and counter-tariffs - this is boosting the gold price.
The price of gold is chasing from one record high to the next. Although expensive, demand for the precious metal is huge. This is due to the risk of a customs dispute between the USA and China. This is because such a trade dispute could have an impact on the development of the global economy. Above all, it fuels fears of inflation and recession. And in such a situation, gold becomes much more attractive as a safe investment vehicle. According to the World Gold Council, demand for gold reached a new record high in 2024. Almost 5,000 tons of gold were in demand worldwide. Even if the demand for gold jewelry should decline due to the high gold price - in the fourth quarter it was minus twelve percent - the central banks will probably compensate for this.
The fact that copper is a very important metal for the energy transition and therefore for the future should actually also speak in favor of higher copper prices. At present, this is likely to be offset by a copper surplus. According to the International Copper Study Group, there was a surplus of 168,000 tons of copper from January to November 2024. Fluctuations in the copper price are currently also being fueled by the counter-tariff scenario. The threat of a trade war would have a negative impact on the price of the reddish metal. This is because demand for many goods would fall.
If goods are subject to tariffs, inflation will rise for the US population. Tariffs and special duties were already on the agenda during US President Trump's first term in office. Copper was not affected at the time. If the US tariff policy towards China turns out to be less harmful than expected, this would be good for the copper price. And the fact that copper is needed for the climate transition, for power grids, wind and solar energy and for electromobility, should in turn have a positive impact on the copper price. Mining companies that own gold and copper in the ground include U.S. GoldMining and Aurania Resources.
U.S. GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ - has the promising Whistler project in Alaska. The latest drilling results were again encouraging.
Aurania Resources - https://www.commodity-tv.com/ondemand/companies/profil/aurania-resources-ltd/ - focuses on precious metals and copper in South America. The main project is The Lost Cities-Cutucu project in the Andes.
Current corporate information and press releases from Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -) and U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-goldmining-inc/ -).
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/
The price of gold is chasing from one record high to the next. Although expensive, demand for the precious metal is huge. This is due to the risk of a customs dispute between the USA and China. This is because such a trade dispute could have an impact on the development of the global economy. Above all, it fuels fears of inflation and recession. And in such a situation, gold becomes much more attractive as a safe investment vehicle. According to the World Gold Council, demand for gold reached a new record high in 2024. Almost 5,000 tons of gold were in demand worldwide. Even if the demand for gold jewelry should decline due to the high gold price - in the fourth quarter it was minus twelve percent - the central banks will probably compensate for this.
The fact that copper is a very important metal for the energy transition and therefore for the future should actually also speak in favor of higher copper prices. At present, this is likely to be offset by a copper surplus. According to the International Copper Study Group, there was a surplus of 168,000 tons of copper from January to November 2024. Fluctuations in the copper price are currently also being fueled by the counter-tariff scenario. The threat of a trade war would have a negative impact on the price of the reddish metal. This is because demand for many goods would fall.
If goods are subject to tariffs, inflation will rise for the US population. Tariffs and special duties were already on the agenda during US President Trump's first term in office. Copper was not affected at the time. If the US tariff policy towards China turns out to be less harmful than expected, this would be good for the copper price. And the fact that copper is needed for the climate transition, for power grids, wind and solar energy and for electromobility, should in turn have a positive impact on the copper price. Mining companies that own gold and copper in the ground include U.S. GoldMining and Aurania Resources.
U.S. GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ - has the promising Whistler project in Alaska. The latest drilling results were again encouraging.
Aurania Resources - https://www.commodity-tv.com/ondemand/companies/profil/aurania-resources-ltd/ - focuses on precious metals and copper in South America. The main project is The Lost Cities-Cutucu project in the Andes.
Current corporate information and press releases from Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -) and U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-goldmining-inc/ -).
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/
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