Gold Prices Remain Stable As Official Policy is Revealed
"Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.
- "Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.
- Gold Mountain Mining Corp. (TSX-V: GMTN) (OTC: GMTNF), Great Panther Mining Limited (NYSE: GPL), Kinross Gold Corporation (NYSE: KGC), B2Gold Corp.(NYSE:BTG), Sandstorm Gold Ltd. (NYSE: SAND)
Going forward, inflation is expected to play a major role in deciding the future of gold. - When prices rise and the value of the dollar falls, gold is often seen as a hedge against inflation.
- Additionally, New Gold has submitted its Notice of Departure ('NOD') to the Ministry of Energy, Mines and Low Carbon Innovation to receive ore from the Elk Gold Mine.