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Gold stocks lose competitive edge

Several market signals point to a structural shift, and possibly permanent downgrade, in gold equity valuations.

Gold stocks lose competitive edge Gold stocks lose competitive edge Gold stocks lose competitive edge Gold stocks lose competitive edge Gold stocks lose competitive edge

After a 5% rise last week, the US dollar gold price ended up little different to where it had been in early July 2020 and within 15% of the highest prices ever, despite a 14% US dollar appreciation.