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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''.

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Price: 1.1 GBX

AIM:POW
Market: AIM
Market Cap: £8.91 m
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Glencore mine shutdown could prompt a near-term price hike in Cobalt

Mining Capital's Alastair Ford says the closure of Glencore’s Mutanda mine in the DRC comes in response to the collapse in the cobalt price over the last year or so. ''The price went very high in 2017 and then came back down and now it's at the $15/lb level which is where it started its rise...

on 16/8/19

2 min read