Gold prices have fallen off the cliff due to the recent rise in the US Dollar as bond markets get rattled by US Fed Chair Jerome Powell.
However, there are 2 main reasons to be bullish about Gold prices.
1) Yields may not increase sustainably, given the fact that governments do not favour higher yields on their accumulated gigantic debt
2) The US stock markets are nosediving right now after a long bull run and gold prices are generally viewed as the safe haven
Among the gold-related companies out there, we chanced upon an interesting one called Chaarat Gold listed in the U.K. Here’s a quick background about the company.
Profile of Chaarat Gold
Chaarat is a gold mining company which owns the Kapan operating mine in Armenia as well as Tulkubash and Kyzyltash Gold Projects in the Kyrgyz Republic....