Mining Share Prices Boosted by Gold Price
According to various articles in the media the leading international gold mining companies shares have raised in value sharply since gold broke through the $1,000 per ounce mark earlier in September. Companies reporting increased share value include Shandong Gold Mining Co Ltd, Zhongjin Gold Corp and Zijin Mining Group Co Ltd.
The increase in the price of gold is being fuelled by worries about economic instability and the falling value of the dollar.
Many analysts are predicting that the price of gold will rise further.
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