Gold prices languished near a one-month low on Wednesday after the U.S. Federal Reserve indicated it would slow the pace of its monetary policy easing cycle next year, lifting the dollar and Treasury ...
Robust base case NPV5%of $735 million (after-tax) and IRR of 41% at a $1,900 per ounce gold price assumption. Using a $2,500 gold price assumption, NPV5% is $1.2 billion (after-tax) and IRR is 58%.
A slowdown in rate reductions would likely be unfavourable for Gold, as lower interest rates generally decrease the opportunity cost of holding non-yielding assets like Gold, making it more attractive ...