77-year chart shows upswing in gold mining stocks have hardly begun | MINING.com

> Gold News > 77-year chart shows upswing in gold mining stocks have hardly begun | MINING.com

Looking back 77 years in gold mining stocks

Date: 04/08/2019 | Source: http://www.mining.com

Gold mining stocks are expected to rise over the next year.

Mining.com said, "A panel of 22 gold analysts surveyed by FocusEconomics in March sees a gentle rise for gold in 2019 to average around $1,350 an ounce this time next year."

Looking back all the way to 1942 helped experts come to this conclusion. Looking at the chart, bull markets tend to end with a significant upswing. Often, the stock doubled as a result of this upswing. 

77-year chart shows upswing in gold mining stocks have hardly begun | MINING.com

A panel of 22 gold analysts surveyed by FocusEconomics in March sees a gentle rise for gold in 2019 to average around $1,350 an ounce this time next year.While gold's prospects in 2019 are rosy if not spectacular, gold mining equities have hardly begun a run-up in value.

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