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Gold & silver

Gold hit an all-time high this week, and companies are taking advantage of positive momentum

The gold price topped new heights this week, hitting an all-time high of US$2,023 per ounce.

With the dollar weakening on uncertain economic news and a surprise squeeze on oil production, gold cemented its reputation as a safe haven asset in times of uncertainty.

Where do we go from here? Is US$3,000 a possibility in the not-too-distant future? And what does this mean for gold companies operating in an encouraging price environment?

Here’s a roundup of some of the big and small companies who made moves in the gold sector this week: