Here is our next video about Gold stock in September 2021. Gold stocks today are slightly under pressure as Gold prices also continue to be sluggish.
According to our Gold stocks analysis, as the gold mining industry is recovering from the the pandemic, it is expected to rise 5.5% in 2021. Gold stocks could see a boost in the next couple of years by projections of Gold production expected to grow at a CAGR of 2.9% at over 124.1 million ounces by 2024.
Gold miners investing could also work as a hedge against inflation, especially when the national currency is declining, so rising inflation levels across economies on Covid-19 recovery could be a driver of Gold stocks in 2021.
Watch the full video for our take on Gold stocks September and a deeper insight into what to expect in the weeks ahead from our Gold stock analysis. Drop us a line in the comments with your thoughts on the Gold mining stocks.
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00:00 Intro
01:55 Newmont news
02:58 Newmont technical analysis
06:20 Van Eck ETF news
07:53 Van Eck technical analysis
09:12 Franco Nevada news
10:11 Franco Nevada technical analysis
11:29 Kirkland Lake Gold news
12:15 Kirkland Lake Gold technical analysis
13:14 Recap
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