ADY:CC - Top 5 Junior Gold Stocks on the TSXV in 2024

2024-07-02 16:55:00 ET

2024 has been a storybook year for gold. Gold prices saw significant gains through the first half of 2024 and set an all time high of US$2,450.05 on May 19.

Prices were supported by strong central bank buying, particularly by China, Turkey and India, along with resilient retail purchases that came despite high prices. Further momentum was carried as sentiment for the precious metal helped stem outflows from western exchange-traded funds in March and April.

Although gold experienced a slight pullback at the end of Q2, prices have remained elevated, continuing to trade above US$2,300 level. Despite gold’s solid performance at the end of 2023 and continued high prices in 2024, it wasn’t until after gold’s dramatic breakout that some of the major gold stocks saw some upward momentum.

For further details see: