USA News Group News Commentary
Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER, BC, April 9, 2025 /CNW/ -- USA News Group News Commentary – As tariff talks continue from the White House, gold prices rebounded back above $3,010, signalling that markets still favor gold as the safe bet for any stagflation or recession. Major banks continue to lean bullish in where gold prices are headed, including HSBC, Bank of America, Standard Chartered, and Citigroup. The recent gold rally has attracted investors back to mining stocks, with gold mining ETFs signaling healthy inflow. Among the miners making moves, recent developments have come from Lake Victoria Gold (TSXV:LVG.VN) (OTC-BB:LVGLF), New Gold Inc. (NYSE-American:NGD) (TSX:NGD.TO), Thor Explorations Ltd. (TSXV:THX.VN) (OTCPK:THXPF), WESTGOLD RESOURCES LIMITED (TSX:WGX.TO) (OTCPK:WGXRF), and Dakota Gold Corp. (NYSE-American:DC)
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