Third largest miner in the world: factors behind gold price rally to stay

Despite the recent slowdown in gold jewelry demand and tapering of central bank buying, the price of gold is not expected to see major changes and substantial volatility in the medium term, said Pavel Grachev, CEO of Polyus, the third largest gold miner in the world, based in Russia.
“We still believe the factors that generated the gold rally so far continue to persist and we do not expect major variations in the gold price going forward, at least not for the next 12 months,” Grachev told Kitco News. (show less)

Despite the recent slowdown in gold jewelry demand and tapering of central bank buying, the price of gold is not expected to see major changes and substantial volatility in the medium term, said Pavel Grachev, CEO of Polyus, the third largest gold miner in the world, based in Russia.
“We still believe the factors that generated the gold rally so far continue to persist and we do not expect major variations in the gold price going forward, at least not for the ... (read more)

Denver Gold Forum 2020
Denver Gold Forum 2020

he Denver Gold Forum showcases seven-eighths of the world’s publicly traded gold and silver companies when measured by production and reserves. The invitation-only event is attended by the world’s leading specialist precious metal investors as well as generalist institutional investors. Buy- and sell-side analysts from around the world make up the balance of the participants.

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