Natural Resources - Mining & CommoditiesEmail
Panmure Gordon’s latest research report about gold, The Quarterly Nugget, increased the outlook for the price of gold and gold equities in Q4, revising a previously cautious outlook.
The outlook is due to Panmure Gordon’s proprietary five-factor model used by Kieron Hodgson, Commodities analyst, and Simon French, Chief Economist, which has three of five factors indicating a positive outlook for gold. That’s an improvement over Q3.
The five factors are:
The report also discussed four gold related companies. Recommendations include Polymetal International (Buy) and Ariana Resources (Buy). The report also looked at Centamin and Fresnillo (both Hold).
For more information, please contact Kieron Hodgson or Simon French.