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Gold Euphoria Is Accelerating American Mining Exploration

September 26, 2024
x min read

The price of gold keeps making new all time highs. And it’s leading to new excitement about gold projects in the United States.

What’s happening:

  • Gold prices have continued to make new all time highs, which has led to an influx of new capital betting on publicly traded gold exploration companies with projects in the United States of America

Who is making moves:

Going deeper:

By the numbers:

  • The price of gold is up +21% over the past 6 months and is up +41% over the past 12 months

The intrigue:

  • The rising price of gold has also led to some of the world’s largest gold producers such as Barrick Gold (NYSE: GOLD) seeing an uptick in revenue which is leading to speculation that mining giants may soon start to ramp up their investments into publicly traded exploration companies and promising new projects

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