What Makes Centerra Gold Inc. (CGAU) A Strong Buy Right Now? [Yahoo! Finance]
Centerra Gold Inc. Common Shares (CGAU)
Company Research
Source: Yahoo! Finance
Global Gold Market Dynamics and Investment Trends in 2023 The global gold market is a vast and multifaceted industry, with a diverse range of participants and investment opportunities. The total above-ground stock of gold is estimated to be around 209,000 tons, worth approximately $12 trillion. Central banks hold around 35,715 tonnes of gold, accounting for 16% of total global allocated reserves, second only to the US dollar and the euro. Investors view gold as a safe-haven asset and a hedge against economic uncertainties. In 2023, global investment demand for gold (bars, coins, and ETFs) was the lowest since 2014, primarily due to outflows from gold ETFs. Gold prices increased in 2023 as investors considered it a hedge against inflation in the face of economic turmoil. Driven by investors, industry, and central banks, demand reached 4,899 metric tons. Demand was further stimulated by the SVB bankruptcy and the Middle East tensions, which resulted in large rises in gold equities.
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CGAU
News
- Top 3 Undervalued Small Caps With Insider Action In Canada For September 2024 [Yahoo! Finance]Yahoo! Finance
- Centerra Gold Announces Thompson Creek Feasibility Study Results and Strategic Plan for US Molybdenum Operations, Including a Restart of the Thompson Creek Mine and Ramp-Up of Langeloth [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Centerra Gold Announces Thompson Creek Feasibility Study Results and Strategic Plan for US Molybdenum Operations, Including a Restart of the Thompson Creek Mine and Ramp-Up of LangelothGlobeNewswire
- Centerra Gold Provides Notice of Release and Conference Call for the Thompson Creek Feasibility Study Results and Strategic Plan for the US Molybdenum OperationsGlobeNewswire
- Headwater Announces Strategic Investment by Centerra Gold [Yahoo! Finance]Yahoo! Finance
CGAU
Sec Filings
- 9/26/24 - Form SD
- 9/12/24 - Form 6-K
- 9/10/24 - Form SC
- CGAU's page on the SEC website