Analyst Sees Inflation Risk for Gold Mining Stocks

Precious Metals

Forbes reported that inflation could have a negative impact on the share price for some gold miners.

Forbes reported that inflation could have a negative impact on the share price for some gold miners.

The market news is quoted as saying:

While sharp hikes in interest rates are unlikely in the near term, higher rates remain a long-term risk for gold mining companies and the price of gold, especially if inflation rises, Jefferies analyst Peter Ward said.

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