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Gold 'has nothing stopping it' as it surges past $2000/oz

Davide Bosio from Shaw and Partners says it looks like gold is building momentum from its current levels. ''When I left my desk earlier it was sitting at $2050/oz which is fantastic''. ''A lot of people have asked me has it gone too high now and where does it go from here ... but we are in blue sky territory'', he says. ''When it broke through that $1900 previous high ever since then we've been in new high territory so it really doesn't have anything stopping it''.

Quick facts: Power Metal Resources

Price: 2.34 GBX

AIM:POW
Market: AIM
Market Cap: £26.21 m
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Power Metal Resources 'in prime position' as it builds mid-tier scale business

Power Metal Resources PLC's (LON:POW) chief executive Paul Johnson tells Proactive's Andrew Scott they've been building 'furiously' over the past couple of years and are now a global operation with projects in North America, Africa and a gold joint venture in Australia to give shareholders broad...

on 23/12/20

2 min read