Last trading at $2,113, gold could see $2,500 with significant catalysts. All of which is strongly impacting companies such as Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Royal Gold Inc. (NASDAQ: RGLD), Franco Nevada Corp. (NYSE: FNV) (TSX: FNV), and Newmont Corp. (NYSE: NEM) (TSX: NGT).
For one, investors are flocking to gold, as a safe haven with economic and geopolitical chaos. Two, gold demand is expected to hit another record this year, as central banks continue to buy the safe haven, according to the World Gold Council. “Central-bank buying maintained a breakneck pace, with annual net purchases of 1,037 tons last year,…
