Despite a positive quarterly update released today, Regis Resources had a small dip today as the gold price is experiencing a retracement. Our outlook for gold remains bullish.
Today we will be talking about the rising gold price and how this feeds into the growing risk-off sentiment in global markets.
Regis Resources' share price is up 5.20% since trading began this morning. It’s currently trading at $4.62, up 22 cents. The move comes as the gold price regains its momentum as investors begin to steer away from a battered global equities market.