Gold will continue to rise this year, according to one financial executive.
Neil Pereira, principal investment officer of the International Financial Corporation (IFC), shared his thoughts on the precious metals landscape with Kitco News on the sidelines of the Mines and Money conference in New York.
“In the last year, we saw gold prices fall,” he noted. “But in the last quarter of this year, we have seen a big increase and I think that is partly driven by expectations of reduced long-term interest rates.”
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.