Domestic gold prices surged to fresh record high in Monday’s morning session, tracking the trend in the international market as tensions between the US and China and growing worries over economic conditions are fueling the move towards safe haven.
Gold is often used as a safe store of value during times of political and financial uncertainty.
US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use “more creative and assertive ways” to press the Chinese Communist Party to change its ways.
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.