Gold has a solid year, and Agnico Eagle makes a surprise nickel investment

Kitco NEWS Roundtable

English - December 29, 2023 23:20 - 2 minutes - 2.19 MB
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Gold has had a solid year, overcoming the Fed's higher interest rate regime, noted mining audiences manager Michael McCrae.

On Friday McCrae recorded Kitco Roundtable.

Spot gold managed to finish the final trading day of 2023 in the 2060 range, up about $200 from the start of the year.

In mining news top ten gold miner, Agnico Eagle (NYSE: AEM), announced today it was investing $23.12 million in Canada Nickel Company (TSXV: CNC). Agnico will own about 12% of the Ontario-focused, early-stage nickel company.