Recent weeks have seen gold prices swing wildly, and many market participants and analysts have been trying to figure out the forces behind this high volatility that isn’t typical of how the gold market has previously behaved. Major concerns arose after gold climbed to a record price of $5,594 an ounce, only to plummet by almost 10% the following day on Jan. 30. From that day, bullion has experienced very high volatility and it has been a struggle for the metal to stay above the $5,000 per ounce price.
This is ironic, because gold has traditionally acted as a safe haven that helps investors hedge their portfolios against risks in other asset classes. The coming weeks and months are going to determine whether these new dynamics in the market persist or fade away. Stakeholders like Collective Mining Ltd. (NYSE American: CNL) (TSX: CNL) will be…
About Rocks & Stocks
Rocks & Stocks (“R&S”) is a specialized communications platform delivering deep insights into the mining industry. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, R&S is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, R&S brings its clients unparalleled recognition and brand awareness.
R&S is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from Rocks & Stocks, text “Rocks” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://RocksAndStocks.news
Please see full terms of use and disclaimers on the Rocks & Stocks website applicable to all content provided by R&S, wherever published or re-published: https://RocksAndStocks.news/Disclaimer
Rocks & Stocks
Los Angeles, CA
RocksAndStocks.news
310.299.1717 Office
Editor@RocksAndStocks.news
Rocks & Stocks is powered by IBN
