Lower Energy and Labor Costs Could Improve Gold Miners’ Profitability
February 22, 2023 at 09:08 AM EST
Continued rate increases may not bode well for higher gold prices, but miners have other factors going their way, including the potential for increased profit margins, according to a Reuters report. This created opportunity in the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). Amid high inflation, gold miners suffered along with the rest of the [...] The post Lower Energy and Labor Costs Could Improve Gold Miners’ Profitability appeared first on ETF Trends .