Gold has a good chance of breaking current resistance levels and striking $1,400 an ounce by the second half of 2019, said Chantelle Schieven, research head at Murenbeeld & Co.“We have an average price [for gold] for this year around $1,330 [an ounce], and we have an over 40% probability that gold will break $1,400 by the second half,” Schieven told Kitco News on the sidelines of the PDAC 2019.
PDAC 2019PDAC: The World’s Premier Mineral Exploration & Mining Convention is the leading convention for people, companies and organizations in, or connected with, mineral exploration. In addition to meeting over 1,000 exhibitors, 3,500 investors and 25,600 attendees from 135 countries, you can also attend technical sessions, short courses and networking events. The four-day annual convention held in Toronto, Canada, has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world’s mineral industry.
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