/PRNewswire/ - Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) ("Tarachi" or the "Company") is pleased to present an update on the progress of.
When big players like Goldman Sachs bet on a rising gold price, the investment community listens closely. Recently, Goldman Sachs announced that at the end of 2022, a troy ounce of gold would cost 2,500 US dollars. In 2021, the price of gold was down by around four percent. This is because last year an economic recovery set in and investors turned to riskier investments. Today, the situation is different again. Concerns about a U.S. recession will drive more investors to gold investments. Accord
The Australian Government-s Department of Industry, Science, Energy and Resources has been studying gold supply. The result was that global gold supply will increase by 2.7 percent in the current year compared to 2021 and then decline after 2022. This year, lower gold scrap supply will be offset by higher gold mine production. This is based on the assumption that an improving economic situation will probably discourage many from selling gold jewelry. Gold scrap will therefore be down two percen
Above all, it is the inflationary pressure that speaks for gold and probably cannot be lowered so easily The Fed will have a hard time standing up to inflation. There is already talk that the Fed has lost control of inflation. In the U.S., the consumer price index rose 8.6 percent in May, marking a 40-year high. The culprits are upward spikes in energy and food prices. This could be a turning point for gold prices. In a poll of Wall Street analysts, there was a tie between bullish and neutral re
Of interest to gold mining companies and also investors are the ore grades of a project. How many grams of gold are in a ton of rock is one of the most important pieces of information. This is because the gold content plays a decisive role in determining the economic feasibility of a mine. If the ore is higher grade, then more gold can be produced at lower cost. If the ore grade is low, more material has to be processed, i.e., more money has to be spent. Most gold projects contain one to four gr