Gold was trading at just over $1,500 (£1,100) a troy ounce in January 2020. Six months later, the price had risen to $1,800 an ounce and today it is flirting with $1,900 as investors look to gold as a bulwark against economic uncertainty and rising inflation.
Capital Ltd is a prime beneficiary of optimism about the precious metal. Offering a range of mining services to gold producers, the company recently reported its best ever first quarter. The second quarter, to June 30, is likely to be even better.
Capital Limited (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets.