{"id":696933,"date":"2018-05-16T06:12:01","date_gmt":"2018-05-16T06:12:01","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=696933"},"modified":"2018-05-16T06:12:01","modified_gmt":"2018-05-16T06:12:01","slug":"newmonts-tom-brady-gold-needs-more-investor-interest-to-go-higher-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=696933","title":{"rendered":"Newmont\u2019s Tom Brady: Gold Needs More Investor Interest to Go Higher"},"content":{"rendered":"<p><span style=\"font-style:italic;font-size:16px\">By  <a target=\"_blank\" href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/newmont-mining-tom-brady-gold-higher\/\">Charlotte McLeod<\/a><\/span>  <\/p>\n<div class=\"ftpimagefix\" style=\"float:left\"><a target=\"_blank\" href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/newmont-mining-tom-brady-gold-higher\/\"><img decoding=\"async\" width=\"150\" src=\"https:\/\/cdn.investingnews.com\/wp-content\/uploads\/Gold-Outlook-3D-1-Small-2-2.jpeg\" alt=\"gold outlook free report\"><\/a><\/div>\n<p><span>\ufeff<\/span><\/p>\n<p>The gold price is currently about flat year-to-date, and according to Newmont Mining (TSX:<a target=\"_blank\" href=\"https:\/\/investingnews.com\/stock-information\/?symbol=nem:ca\">NEM<\/a>,NYSE:NEM) Chief Economist Tom Brady, that&#8217;s in line with what he was anticipating.<\/p>\n<p>\u201cIt has been pretty much in line with what I expected,\u201d Brady said on the sidelines of last week&#8217;s <a target=\"_blank\" href=\"https:\/\/investingnews.com\/daily\/resource-investing\/notes-floor-mines-money-new-york\/\">Mines and Money conference in New York<\/a>.<\/p>\n<p>He added, \u201cit has been since 2016 very much an investor-driven market. Physical gold demand from jewelry, bars and coins [has been] very muted in terms of China and India. Strong investor activity, lots of safe-haven investing \u2026 economic uncertainty [is] also driving a lot of investors to continue to be in gold.\u201d<\/p>\n<p>In terms of where the gold price may go next in 2018, Brady said the yellow metal will likely trade between $1,275 and $1,350 per ounce. When asked what it would take to see gold go higher he said, \u201cit&#8217;s going to be some radical news that comes out that really drives a lot more investor interest into gold.\u201d<\/p>\n<p>Listen to the interview above for more insight from Brady on peak gold, macroeconomic trends impacting the mining space and where gold is headed this year.<\/p>\n<p><strong>Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. <\/strong><\/p>\n<div>\n<p><strong>Editorial Disclosure: <\/strong><strong>The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in contributed article. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.<\/strong><\/p>\n<div>\n<div>\n<div><a target=\"_blank\" href=\"http:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"><br \/>\n<\/a><\/div>\n<div align=\"center\">\n<div><a target=\"_blank\" href=\"http:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"><br \/>\n<\/a><\/p>\n<h2>10+ Gold Stocks to Watch<\/h2>\n<h4>Stocks.<br \/>\nExpert Insights.<br \/>\nIndustry Stats.<br \/><\/h4>\n<p><a target=\"_blank\" href=\"http:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"> Give me my free report! <\/a>\n<\/div>\n<\/div>\n<p><!-- end large-8 -->\n<\/div>\n<p><!-- end row --><\/div>\n<\/div>\n<p>The post <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/newmont-mining-tom-brady-gold-higher\/\">Newmont&#8217;s Tom Brady: Gold Needs More Investor Interest to Go Higher<\/a> appeared first on <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/investingnews.com\/\">Investing News Network<\/a>.<\/p>\n<p> <a href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/newmont-mining-tom-brady-gold-higher\/\" target=\"_blank\" id=\"rssmi_more\"> &#8230;read more<\/a> <\/p>\n<p>From:: <a href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/newmont-mining-tom-brady-gold-higher\/\" target=\"_blank\" title=\"Newmont\u2019s Tom Brady: Gold Needs More Investor Interest to Go Higher\">Investing News Network<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Charlotte McLeod \ufeff The gold price is currently about flat year-to-date, and according to Newmont Mining (TSX:NEM,NYSE:NEM) Chief Economist Tom Brady, that&#8217;s in line with what he was anticipating. \u201cIt has been pretty much in line with what I expected,\u201d Brady said on the sidelines of last week&#8217;s Mines and Money conference in New [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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