From Benzinga's 'Metals & Mining' Conference: Austin Gold President, Dennis Higgs Says Co's Gold Price Forecast Ranges From $2000/oz To $35,000/oz In The Next Decade
Portfolio Pulse from Benzinga Newsdesk
During Benzinga's 'Metals & Mining' Conference, Austin Gold President Dennis Higgs provided a forecast for gold prices, predicting a range from $2,000 to $35,000 per ounce over the next decade.
November 16, 2023 | 4:21 pm
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Austin Gold President Dennis Higgs predicts a significant increase in gold prices, ranging from $2,000 to $35,000 per ounce over the next decade.
The forecast by Austin Gold's President suggests a bullish outlook for gold prices, which could positively impact the company's valuation and investor sentiment in the short term. However, the wide range of the forecast and the long-term nature of the prediction introduce uncertainty, hence the confidence score is not at the maximum.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100