Jefferies Maintains Osisko Gold Royalties(OR.US) With Buy Rating, Raises Target Price to $23
Jefferies Sticks to Their Buy Rating for Osisko Gold Royalties (OR)
Spot gold hits another all-time high, with the 'Trump trade' joining the ranks of price drivers.
Spot gold has strengthened, reaching a high of $2,688.82 per ounce, setting a new record since September 26. Analysts believe that in addition to geopolitical tensions, gold prices have also been influenced by the 'Trump trade'.
$100 Invested In Osisko Gold Royalties 5 Years Ago Would Be Worth This Much Today
Refusing to callback, far exceeding the model's valuation, Deutsche Bank exclaimed: gold is truly amazingly strong!
Deutsche Bank stated that at some point this year, gold has risen without financial fair value support. Currently, the Federal Reserve still has further room for easing, which further enhances the upward trend of gold. The price of gold is expected to continue to outperform financial fair value by the end of this year, with the largest magnitude since 1998.
Gold Price Benefits From Geopolitical Risks – Commerzbank
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