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This video was recorded on February 8, 2023.
February has been rough for the gold price so far. After rising briefly above US$1,950 per ounce last week, the yellow metal has come crashing down. It was at about US$1,878 at the time this video was recorded, but fell as low as US$1,865 earlier in the week.
M&A activity was also in focus in the gold space this week as major miner Newmont approached Newcrest Mining with a non-binding proposal to acquire the company. If the all-stock offer goes through, it would be the biggest gold takeover ever.
#Investing #Mining #Gold
0:00 – Intro
0:24 – GOLD PRICE
1:15 – GOLD M&A
2:17 – VRIC
2:56 – Outro
Links:
VRIC playlist: https://bit.ly/3XrE7KU
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