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New Discoveries, Rising Prices, and Critical Metals Create Perfect Storm for Gold Explorers
New Discoveries, Rising Prices, and Critical Metals Create Perfect Storm for Gold Explorers ...
About this update from Rua Gold Inc
[{"type":"text","content":"\n\n\n\n New Discoveries, Rising Prices, and Critical Metals Create Perfect Storm for Gold Explorers\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\n Equity Insider\n \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, BC\n \n\n ,\n \n\n April 30, 2025\n \n\n /CNW/ -- Gold prices have\n \n\n surged past a historic\n \n $3,400\n \n per ounce\n \n\n as concerns mount over the\n \n USA's\n \n global economic standing. Billionaire investor\n \n John Paulson\n \n recently forecasted gold could\n \n\n reach\n \n $5,000\n \n per ounce by 2028\n \n\n , while precious metals analyst Mario Innecco has also outlined a strong case for an\n \n\n extended gold bull market\n \n\n .\n \n JP Morgan\n \n , meanwhile, maintains its outlook for\n \n\n gold to hit\n \n $4,000\n \n\n\n by the second quarter of 2026. As momentum builds, investor attention is increasingly shifting toward mining equities, with notable developments coming from\n \n RUA GOLD Inc.\n \n (TSXV: RUA) (OTCQB: NZAUF),\n \n Probe Gold Inc.\n \n (TSX: PRB) (OTCQB: PROBF),\n \n U.S. Gold Corp.\n \n (NASDAQ: USAU),\n \n Torex Gold Resources Inc.\n \n (TSX: TXG) (OTCPK: TORXF), and\n \n G Mining Ventures Corp.\n \n (TSX: GMIN) (OTCQX: GMINF).\n \n\n Bullish momentum in the gold sector continues to strengthen, with\n \n Morningstar Equity Research\n \n noting that elevated gold prices are\n \n\n creating a favorable environment\n \n\n for mining equities.\n \n Jefferies\n \n has also adopted a more optimistic stance,\n \n\n raising price targets across several gold producers\n \n\n ahead of earnings season. Gold's safe-haven status is\n \n\n once again in focus in 2025\n \n\n , with both demand and prices climbing steadily.\n \n\n\n New Zealand\n \n -focused gold exploration company,\n \n RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF)\n \n , has recently\n \n\n reported promising new drill results\n \n\n from its Auld Creek project in the historic Reefton Goldfield. Highlights include 9.0 metres at 5.9 g/t gold equivalent (5.2 g/t Au and 0.16% Sb) f...