WFRSF - West African Resources: Near-Term Producer That Could See A Re-Rating In 2020
The gold price looks to be gaining traction just as the markets begin a new year. In fact, the yellow metal is now trading firmly above $1,500/oz again, now at ~$1,556/oz.
Further, as shown in the chart below for 2019, gold experienced a nice surge during the early part of the summer (from below $1,300/oz), peaking out around late August/early September (at ~$1,550/oz), before proceeding to cool off a bit to trade as low as ~$1,460/oz at the start of December.
Now, gold is back to challenging more or less the same highs previously set