Gold price dived on 12 August 1915+- USD / OZ, now gold price is shooting up with long term target @2300USD / Oz , And price dived today is mainly due to Fed Reserve cutting interest rate it has only short term effect on gold price drop. Due to daily cases of corona and this pandemic crisis the world economy is not going to recover anytime soon. By end of this year KITCO , Bloomberg big banks like CITI Group and JP. Morgan Chase has a target price at USD2300/Oz. For Bahvest , their revenues 100% based on gold price as higher gold price lead to higher revenue as their monthly overheads is fixed leading to higher profit margin percentage in their upcoming financial report. mark my words NO CAP .
Stock: [BAHVEST]: BAHVEST RESOURCES BERHAD
2020-08-12 16:10 | Report Abuse
Gold price dived on 12 August 1915+- USD / OZ, now gold price is shooting up with long term target @2300USD / Oz , And price dived today is mainly due to Fed Reserve cutting interest rate it has only short term effect on gold price drop. Due to daily cases of corona and this pandemic crisis the world economy is not going to recover anytime soon. By end of this year KITCO , Bloomberg big banks like CITI Group and JP. Morgan Chase has a target price at USD2300/Oz. For Bahvest , their revenues 100% based on gold price as higher gold price lead to higher revenue as their monthly overheads is fixed leading to higher profit margin percentage in their upcoming financial report. mark my words NO CAP .