Santana: something shiny and new on the NZX

Mining company induces a touch of gold fever. (Image: Getty)

Tue, 24 Sep 2024

Amid the sound and fury of central banks cutting interest rates, it was easy to miss the march of gold prices to ever-higher levels. In the bad old days, that might have elicited a nervous glance over your shoulder for any gold bugs waiting for the chance to bend your ear about the magical properties of a scarce precious metal providing a hedge against inflation and a safe harbour in the interesting times that we always seem to inhabit. Now we’ve got crypto-bros to worry about when it comes to overwrought enthusiasm about an inv...

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