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Moody's Downgrade Triggers Yet Another Gold Rally--Are Miners the Next to Pop?
Moody's Downgrade Triggers Yet Another Gold Rally--Are Miners the Next to Pop? Canada N...
About this update from Integra Resources Corp
[{"type":"text","content":"\n\n\n\n Moody's Downgrade Triggers Yet Another Gold Rally--Are Miners the Next to Pop?\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n Equity Insider\n \n\n\n News Commentary\n \n\n\n\n\n Issued on behalf of RUA GOLD Inc.\n \n\n\n\n\n\n VANCOUVER\n \n\n ,\n \n\n May 20, 2025\n \n\n /CNW/ --\n \n\n Equity Insider\n \n\n\n News Commentary\n \n – After a\n \n Moody's\n \n downgrade of the US government's credit rating, the price of gold once again\n \n rebounded\n \n , further solidifying why 2025 is shaping up to be a monumental year for the precious metal. Already the major gold miners have reported their\n \n greatest financial quarter in history\n \n , despite many analysts touting how deeply undervalued gold stocks continue to be. The majors aren't alone in making progress on their best gold projects, as juniors and mid-tiers alike have also been making headlines with their developments, including from\n \n RUA GOLD Inc.\n \n (TSXV: RUA) (OTCQB: NZAUF),\n \n i-80 Gold Corp.\n \n (NYSE-American: IAUX) (TSX: IAU),\n \n Freeman Gold Corp.\n \n (TSXV: FMAN) (OTCQB: FMANF),\n \n Integra Resources Corp.\n \n (TSXV: ITR) (NYSE-American: ITRG), and\n \n Perpetua Resources Corp.\n \n (NASDAQ: PPTA).\n \n\n\n\n\n\n\n\n\n Moving forward,\n \n Goldman Sachs\n \n continues to forecast gold prices to\n \n rise to new record highs\n \n . Gold fever has even caused\n \n Costco\n \n to put\n \n strict limits\n \n on gold bar purchases, all while bullion banks are being\n \n alleged\n \n to attempt to\n \n \"smash\" gold prices\n \n to cover shorts, according to analyst\n \n Ed Steer\n \n . Both industry heavyweight\n \n\n Rob McEwen\n \n\n and billionaire investor\n \n\n John Paulson\n \n\n are expecting gold to nearly hit\n \n $5,000\n \n within the next few years, which could set the stage for a major rally in gold mining equities.\n \n\n\n RUA GOLD Inc.\n \n (TSXV: RUA) (OTCQB: NZAUF) is a gold exploration company with a rare dual-island footprint in New Zealand—one of the Southern Hemisphere's most historically prolific mining reg...