Be the first to know when a new trade signal is out! Click here to sign up for e-mail notifications.
CPM Group’s Jeffrey Christian discusses the Risk-Free Gold Price. As gold prices rise and fall, there are times where the price falls so low that it is no longer profitable to mine at many operations. The Risk-free gold price is what the price of gold might fall to if there were no major risks in the world. Jeff discusses why it is important, and how mining companies use it to determine long term production and development plans. He also discusses the concept that even at risk free gold prices the world would remain well supplied with gold.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
Read More:How low can gold prices go?
2022-09-20 19:01:00
