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John Hathaway – Gold Is Headed Much Higher But Take A Look At This…

Gold Mining Stocks, A Clear and Compelling Investment Case January 18  John Hathaway, Senior Portfolio Manager at Sprott Asset Management:   We offer herein an investment rationale for gold mining equities that rests primarily on investment fundamentals particular to the mining sector. Speculation on the future course of the gold price takes a back seat. A tailwind…

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XAU/USD remains under pressure below $2,030, eyes on Chinese data, US Retail Sales

Gold price (XUA/USD) remains under pressure below the mid-$2,000s during the early Asian session on Wednesday. The ongoing US Dollar (USD) demand and higher US Treasury yields drag the yellow metal lower. At press time, the gold price is trading at $2,025, losing 0.09% for the day. The US Dollar Index (DXY), a measure of the value of the USD against…

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