20-06-2021
Gold miners are affected by the price of gold,
which in turn is affected by interest rates because gold does not provide any interest or dividend income, and when interest rates rise, the opportunity cost of owning gold increases, making it a less attractive store of value.
Looking to retest @ 1670
Gold miners are affected by the price of gold,
which in turn is affected by interest rates because gold does not provide any interest or dividend income, and when interest rates rise, the opportunity cost of owning gold increases, making it a less attractive store of value.
Looking to retest @ 1670