ROYAL GOLD INC. DL-_01

Commented by Stefan Feulner on April 22nd, 2024 | 07:30 CEST

After Gold and Silver: Nickel on the Move! Kinross Gold, Power Nickel, Royal Gold

• Mining
• Gold
• Silver
• Nickel

The geopolitical uncertainties with the escalation between Iran and Israel helped precious metals to further price surges. Despite being technically overbought, gold was able to hold its ground near the USD 2,400 per ounce mark, while silver closed the week with a further gain of around 3%. In the shadow of this, industrial metals are moving into the spotlight after a weak overall year in 2023. Alongside copper, nickel, an important raw material for many low-carbon technologies, has established a solid base in recent months.