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Gold resumed its march toward a new record peak, scaling $1,900 for the first time since August and September 2011, when spot prices only traded above that level on four days. The rally has been driven by fears of an economic

Spot gold prices (XAU=) rose $14.6746 to $1,901.54 an ounce, about $20 from an all-time peak in 2011.

U.S. gold futures (GCv1) settled up 0.4% at $1,897.50.

Analysts at RBC Capital Markets noted gold-backed exchange traded product holdings had already reached record peaks.

“The level of COVID-19 uncertainty, low and negative real and nominal rates, politics and geopolitics have driven gold prices sharply higher, and pushed allocations among investors ever higher,” they said in a note.

The U.S.-China row put copper - a prime Chinese import - on track for its first weekly loss since mid-May, but analysts expect recovering demand and low stocks to keep prices high.

Silver, meanwhile, was en route to its best week since 1987, up almost 18% in five days.

Thanks redknight1, guys have you seen the order book on l2, there's a buy order at 23p for 498,593 shares

Whichever way you look at it this deal with MoneyGram will bring in revenue

The Agreement will enable the customers of OTR to send and receive money via MoneyGram's global platform which connects to more than 200 countries worldwide. Previously OTR's customers were restricted in being able to send money to less than 10 countries across Asia. Under the Agreement, OTR will be entitled to a share of the fees generated by MoneyGram on money transfer transactions as well as a share of MoneyGram's foreign exchange profits realised on transactions via OTR.

This is madness, we are a gold copper silver exploration company who have found massive amounts of it and some come here to do comparison with a fertiliser company!!! Lol lol and trying best to put doubts, give it a break guys and comeback next week

goldfinger someone will easily lend you money to dig up gold then fertiliser so plse stop this potato comparison with gold

Goldfinger in this world alot of people are hungry for money then fertiliser a bag of gold coin can buy you alot then a bag of fertiliser

Lol

Goldfinger since ur so attached to keep giving example of fertiliser mine i suggest you change the name from goldfinger into fertiliser finger

Stop comparing sirus!! Get a grip on urself man, world needs copper evermore with all those green projects and they need hard assets with all those trillions of dollars getting printed

Don't know why anyone would compare fertiliser to gold! Some have gone potatoes, and the famous line you don't want to be out over the weekend

My only disappointment is the standstill agreement apart from that I think solg management don't a fantastic deals and very fair offer to the scumbags at cornerstone

I think we may get 40p if these large buys keeps coming

meanwhile gold price looking to break 1900

share price taking the peeee now

I think the Avenue for the revenue not 1 but 2 ways for otr to earn money

Under the Agreement, OTR will be entitled to a share of the fees generated by MoneyGram on money transfer transactions as well as a share of MoneyGram's foreign exchange profits realised on transactions via OTR.

I think it all boils down to this, cornerstone is not happy with the standstill agreement with bhp cause they think bhp would if made a bid for the company and they can't at the moment, hence they want the meeting after the bhp standstill agreement ends so they think it may be bought out before the meeting and they will get higher price

no quote for 10k buy

Boardroom battle don't seem to have any effect on dodgy Russians company, pog, up 16 percent and keeps going up, I know they are producers

They were made to say that to stop the rise in share price ,

The Agreement will enable the customers of OTR to send and receive money via MoneyGram's global platform which connects to more than 200 countries worldwide. Previously OTR's customers were restricted in being able to send money to less than 10 countries across Asia. Under the Agreement, OTR will be entitled to a share of the fees generated by MoneyGram on money transfer transactions as well as a share of MoneyGram's foreign exchange profits realised on transactions via OTR.

Zoro I have to disagree with you and this is not toxic investment if you think it is then why have bhp bought shares at 45p, Blackrock,newcresst etc