Equity Insider News Commentary
Issued on behalf of RUA GOLD Inc.
VANCOUVER, BC, May 13, 2025 /CNW/ -- Equity Insider News Commentary – It's almost universal now that analysts see the price of gold going higher than its current position. Now analysts at JPMorgan are making even bolder predictions than normal, saying that gold could reach $6,000 per ounce by 2029, if just 0.5% of US assets held by foreign investors is reallocated to the precious metal. Already, jewelry merchants in the USA are seeing a frenzy for gold buying, meaning Main Street is bullish on gold too. In the market, several gold miners are making strides in developing their assets, with recent news coming from RUA GOLD Inc. (TSXV:RUA.VN) (OTC-BB:NZAUF), Montage Gold Corp. (TSX:MAU.TO) (OTCQX:MAUTF), Southern Cross Gold Consolidated Ltd. (TSXV:SXGC.VN) (OTCPK:MWSNF), Lumina Gold Corp. (TSXV:LUM.VN) (OTC-BB:LMGDF), and West Red Lake Gold Mines Ltd. (TSXV:WRLG.VN) (OTC-BB:WRLFG).
Read more at newswire.ca