RE: Poly Long....here is why13 Jan 2023 14:35
TRANSLATED FROM RUSSIAN NEWS ARTICLES
The rise in the stock of the companies comes on the back of rising gold prices - January 12, with the cost of gold on Comex exceeding $1.9,000 per triple ounce for the first time since May 2022
Shares of Polymetal in the Moscow exchange traded were up more than 4 percent, Poles - more than 2 percent on the back of rising gold prices, trading data show.
According to 12:59 p.m., Polymetal shares were up 4.18 percent and were at 403.5 rubles per paper. Poles shares were up 2.12 percent, to 8,098 rubles per paper, trading data at 12:22 p.m. showed.
By 1:31 p.m., Polymetal shares had slowed growth slightly and trading at 400.6 rubles per paper ( ('s 433.43%), Poles shares are up 2%, to 8,088.5 rubles per paper
At the same time, the price of gold on the Comex exchange (New York's 1049;Ork Commododic Exchange) is up 0.46 percent to $1,907.5 per triple ounce.
Yesterday, January 12, the cost of gold on Comex exceeded $1.9,000 per triple ounce for the first time since May 2022.