Saturday 29 December 2018

Precious metals mining in 2018: a dark cloud with a silver lining & 2019 outlook

Short 2018 mining review

Early last year we witnessed gold rallying rapidly to what was to be its 2018 high. Till about mid May, the yellow metal managed to uphold $1300. Miners however have mostly been lagging the advance of gold, with the HUI/Gold ratio in decline and bottoming early September, after gold made its low by mid August.