Gold prices recover today

Gold and silver futures prices recovered on Thursday following the trend in the international market, thanks to drop in the bond yield. But rising inflation in the United States provided some support.

US retail sales rebounded sharply in January and manufacturing activity rose, while US producer prices increased by the most since 2009, suggesting inflation was starting to creep up. Gold is often viewed as a hedge against inflation.

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.

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