ECR Minerals #ECR – Business Operations Update

ECR Minerals plc (LON: ECR), the gold exploration and development company focussed on Australia, is pleased to provide the following update on its activities, which are centred on the Bailieston and Creswick gold projects in Victoria, Australia. Both projects are 100% owned by ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”). HIGHLIGHTS […]

Insatiable Gold Demand Set To Continue – ECR On The Cusp Of ‘Great’ Ness.

Insatiable Gold Demand Set To Continue – ECR On The Cusp Of ‘Great’ Ness.  With the US Fed signalling a more relaxed approach to inflation in its end of month policy meeting, gold rebounded sharply after falling from August highs of  $2,075oz as markets interpreted Fed Chairman Jerome Powell’s comments to mean that low interest rates […]

Monetary Stimulus = Currency Devaluation = Increasing Gold Demand

As the world starts to emerge from the first wave of the COVID-19 crisis, the implications for the unprecedented monetary stimulus measures employed by Governments around the globe to support citizens in lockdown are becoming ever clearer. As stock markets roar back from the coronavirus-led rout, advisers to the world’s wealthy are urging them to […]

Gold Prices To Hit $1,575 In 3 Months, $1,600 In 6 Months – Goldman Sachs

(Kitco News) – Goldman Sachs Group upgraded its gold forecast for the first time this year, upping its 3-month and 6-month projections to $1,575 and $1,600 an ounce in light of escalating trade war tensions. Gold prices were solidly above $1,500 an ounce on Monday — a level that was hit last week for the first […]