Gold’s status as a safe haven investment and inflation hedge remains intact, as demonstrated by the metal’s resilience amid rising geopolitical tensions and accelerating consumer prices. Meanwhile, the operating leverage afforded to most gold miners through sustained, higher gold prices has come across in recent performance, though is unlikely fully reflected across company valuations today.
In this webinar, we will seek to address:
• Potential impact to gold prices based on various geopolitical and financial outcomes (including tightening monetary policy in the U.S.)
• Gold miners’ operating leverage, capital expenditures and capital return outlook in 2022
• Overall implications on portfolio positioning