Historical Record for $ 3,500 pernt moves global miners

Recently, gold has shown a constant increase in value until it reached the historic high last week of $ 3,500 per ounce, This is due to the growing expectations; In addition, this indicator reflects pressure growth in international markets and interest in this metal either as an asset of a reserve or investment.

This trend has led to gold that produce mining companies around the world, feel significant valor of their assets and a great projection in their activities, which is displayed on market capitalization.

The current Golden Panorama used companies from different continents, reflecting the global market dimension; Although there are companies around the world The United States and South Africa are countries that lead among the largest producers of gold and those that currently have the largest market capitalization.

A company that emphasizes its assessment is the Gining Group Zijin, with almost market capitalization amounted to USD 94,633; It is an international Chinese mining -charglomerate, which is also dedicated to the study and extraction of precious metals, which, in addition to gold, are also concentrated in copper, zinc, silver and lithium. This company works on several continents and quotes on Hong Kong and Shanghai’s bags; Although it ranks first in market capitalization, This seeks to become a world leader in environmental and high mining, focusing on sustainable economic growth.

The list then appears on the Newmont Corporation, is the world’s largest production of gold and has a $ 84 690 million capitalization. This company is located in Greenwood -Welig, Colorado, the USA, and is dedicated to exploration, production, processing and processing of gold; In addition, it also produces other metals such as copper, silver, zinc and lead.

Completing the podium is Agnico Eagle Mines, a company that is considered the largest mining company in Canada and one of the largest producers of gold worldwide. This company has prey in Canada, Australia, Finland and Mexico, In addition to reconnaissance projects in the US and Sweden and capitalization of $ 76,676 million.

Given this, Mark Moseli Williams, the Director of Business Development in Latin America, said we survived as a company and we were very successful, and obviously at this point our shareholders are satisfied with our major actions, but they see the result of one of the disciplined decades. “

On the other hand, the completion of 10 manufacturing companies is Barrick Gold, Glencore, Gold Fields, Anglogold Ashanti, Kinross Gold, Fresnillo and Minera Poderosa. Of these companies, despite the fact that they are not in the first place, they are close to the world leaders, Of these companies, market capitalization amounts to $ 48,505 million and $ 2371 million.

Among the main factors that affected the growth of gold are the cost of gold, the geopolitics and the threats of the US Central Bank’s independence, which led investors to the safety of gold, which causes a large rebound in the pre -metal production campaign.

Over the past week, gold prices have reached high rates that have not been seen since 2011 when investors attacked asylum assets in the midst of the European debt crisis and the first decline in credit rating by the United States, US, US, USA, USA, USA, USA, USA, USA, USA, USA, USA, USA, USA, USA, USA, USA, US On this occasion, the new feeling of uncertainty contributed to the growth of companies.

Investors face global instability derived from commercial wars and conflicts in the Middle East and Ukraine, which made them seek the assets that the shelter could offer; US President Donald Trump’s efforts are added to the deviation of Lisa Cook’s Federal Reserve Governor, and the lack of clarity in the central bank will reduce interest rates that made the prices. “With all the political and economic uncertainty caused by President Trump, gold will still remain very attractive. In addition, the geopolitical theme, how difficult wars in Ukraine, with wars in the Middle East, have become a shelter, and that we do not see that it will change, ”Moseli Williams said.

This allowed Gold to live a key point in its recent history. The increase in its value not only affects investors, but also leads to consequences in companies that are maintaining world production. Valorization of these companies reflects how this metal supports its relevance in the world economy.Although gold prices will not fall fast, investors face the same uncertainty that has led to $ 3,500. Therefore, political tensions and decisions in the US will stop this metal.

South Africa is considered the world’s largest manufacturer

Throughout history, South Africa was one of the leading gold production countries. This is due to the geological richness of the Witwatersrand pool, expressed in 1886, which is considered the largest place in the world, which allowed a large part of the 20th century, which the country dominates the world proposal of gold. The growth of large companies such as Anglogold Ashanti and Gold Fields appeared on the territory of South Africa, also promoted this world leadership in production.