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KL - The 'Real' Reason Gold Is Getting Hammered Lower
February, 19 2021 08:56 AM
Kirkland Lake Gold Ltd.
A breakdown under $1,800/oz in the price of gold forces a reset of the near-term outlook. Improving macro conditions along with climbing interest rates and real yields represent bearish headwinds for gold likely to drag gold miners down. We see another leg lower in the market this year and have reduced exposure. For further details see:
The 'Real' Reason Gold Is Getting Hammered Lower
Stock Information
Company Name:
Kirkland Lake Gold Ltd.
Stock Symbol:
KL
Market:
NYSE
Website:
klgold.com
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