Leading investors cast doubt on much-vaunted re-rating of lacklustre gold mining shares. Investors are questioning whether a re-rating of gold equities will take place, with no end in sight to the five-year long breakdown in correlation between gold shares and the spot price.
The gold spot price has climbed 28% in the past year alone, vastly outperforming listed gold mining companies, although resources managers have continued to talk up the prospect of a re-rating of shares...............................................Full Article: Source
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