Gold just got better

The yellow metal has reclaimed the title as Australia’s mining leader after a string of deals and optimistic forecasts.

Summary: Gold has reclaimed the title as Australia’s mining leader. A recent string of deals between gold companies is set to continue. The local gold price is close to a three year high due to a falling Australian dollar. And unlikely sources such as the conservative ANZ Bank are tipping a rise in the US dollar gold price.

Key take-out: The prospect of further falls in the local dollar and growing demand for gold makes the commodity one of the more interesting asset classes for the years ahead.

Key beneficiaries: General investors. Category: Gold.

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