Gold's weakness is helping to build a foundation under current prices: Wheaton CEO Randy Smallwood
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Randy Smallwood, CEO of Wheaton Precious Metals, discusses the current state of gold prices, suggesting that gold's weakness is helping to stabilize its price. The conversation touches on factors influencing gold prices, including potential crisis bids.
November 11, 2024 | 5:45 pm
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Wheaton Precious Metals CEO Randy Smallwood suggests that the current weakness in gold prices is helping to stabilize them, which could impact Wheaton's stock performance.
As a major player in the precious metals market, Wheaton's performance is closely tied to gold prices. The CEO's comments suggest a neutral outlook, as stabilization could prevent further declines but may not lead to immediate gains.
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