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The gold price fell below the US$1,980 per ounce mark in the first half of this week, but it didn’t stay there for long. The yellow metal reacted positively to the US Federal Reserve’s latest meeting, pushing well past US$2,000 once again.
Meanwhile, in a rush session last weekend, Mexico’s government approved a new mining law that shortens the maximum concession length to 30 years, down from 50 years. Other requirements include the return of some profits to local communities.
This video was filmed on May 3, 2023.
#Investing #Mining #Gold
0:00 – Intro
0:24 – GOLD
2:43 – MEXICO
4:06 – Outro
Links:
Don Durrett interview: https://bit.ly/3VAkO2m
Mexico’s new mining law: https://bit.ly/41y8TEh
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