‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says_老虎社区_美港股上老虎

‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says

Bloomberg2021-10-28

Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures. That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...

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202

Gee1
·2021-10-29
great
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1
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ASMH
·2021-10-29
Like
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RS142
·2021-10-29
Inflation is hard hit on low income households 😔 and bad for all
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TVermeulen
·2021-10-29
Midas hand 🤚
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2
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senglee
·2021-10-29
Ok
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1
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- senglee:
  ok
  2021-10-29
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PearlynCSY
·2021-10-29
Bad news for low income households. Many countries such as US, China and SG have reported multi-year high inflation rates.
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1
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SP1980
·2021-10-29
Gogogo
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2
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estherytwu
·2021-10-29
Ok
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3
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- SP1980:
  gogogo
  2021-10-29
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- estherytwu:
  Ok
  2021-10-29
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Vgreen
·2021-10-29
[思考]
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5
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- Alannjy:
  Like
  2021-10-29
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ramius75
·2021-10-29
🚀🚀🚀
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3
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Andersonkana
·2021-10-29
Good
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5
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- Nellywong:
  K
  2021-10-29
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- T2C:
  Yes
  2021-10-29
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shuzyst
·2021-10-29
Ok
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3
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YMF808
·2021-10-29
Gold, share and crypto
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5
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- Aloynty:
  More upside for crypto
  2021-10-29
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- shuzyst:
  ok
  2021-10-29
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Xue91
·2021-10-29
Ok
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4
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- Jaaaaaaa:
  B
  2021-10-29
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andrew123
·2021-10-29
Like
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6
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- andrew123:
  tks
  2021-10-29
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- Pplymm:
  Done. Pls like back
  2021-10-29
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Sunny0809
·2021-10-29
Ok
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4
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- 419eae9a:
  👍
  2021-10-29
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FOMOking
·2021-10-29
like
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3
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- Sunny0809:
  Ok
  2021-10-29
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- Foreverhuat:
  Mmm
  2021-10-29
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- FOMOking:
  ok
  2021-10-29
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Chels
·2021-10-29
Ok
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Pepeflabs
·2021-10-29
Ponk
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2
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maOQiu
·2021-10-29
Wow
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2
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- maOQiu:
  [财迷]
  2021-10-29
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Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854280912,"gmtCreate":1635462827692,"gmtModify":1635462828155,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854280912","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854215900,"gmtCreate":1635462688099,"gmtModify":1635462688696,"author":{"id":"3574118564601995","authorId":"3574118564601995","name":"RS142","avatar":"https://static.tigerbbs.com/22d2d9b1f352da24e6ea75b557ac987a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Inflation is hard hit on low income households 😔 and bad for all","listText":"Inflation is hard hit on low income households 😔 and bad for all","text":"Inflation is hard hit on low income households 😔 and bad for all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854215900","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854230987,"gmtCreate":1635461433750,"gmtModify":1635461436011,"author":{"id":"3580699589385230","authorId":"3580699589385230","name":"TVermeulen","avatar":"https://static.tigerbbs.com/ffcbb09604bf679c78d4b172e4ad0c39","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Midas hand 🤚&nbsp;","listText":"Midas hand 🤚&nbsp;","text":"Midas hand 🤚","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854230987","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854297393,"gmtCreate":1635461404981,"gmtModify":1635461406031,"author":{"id":"3567638399995673","authorId":"3567638399995673","name":"senglee","avatar":"https://static.tigerbbs.com/0c8e58d61d01e30569a28e4e9c648c8f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854297393","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6362960,"gmtCreate":1635461411180,"gmtModify":1635461411277,"authorId":3567638399995673,"author":{"id":3567638399995673,"authorId":3567638399995673,"name":"senglee","avatar":"https://static.tigerbbs.com/0c8e58d61d01e30569a28e4e9c648c8f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854297393,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":854292944,"gmtCreate":1635461251213,"gmtModify":1635461251798,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Bad news for low income households. Many countries such as US, China and SG have reported multi-year high inflation rates.&nbsp;","listText":"Bad news for low income households. Many countries such as US, China and SG have reported multi-year high inflation rates.&nbsp;","text":"Bad news for low income households. Many countries such as US, China and SG have reported multi-year high inflation rates.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854292944","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854296635,"gmtCreate":1635461222231,"gmtModify":1635461222532,"author":{"id":"3573379860144244","authorId":"3573379860144244","name":"SP1980","avatar":"https://static.tigerbbs.com/101a00da82e124351de89d6d885f76b9","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854296635","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854293304,"gmtCreate":1635461048257,"gmtModify":1635461048622,"author":{"id":"3580294349597017","authorId":"3580294349597017","name":"estherytwu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/854293304","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6362917,"gmtCreate":1635461237476,"gmtModify":1635461237512,"authorId":3573379860144244,"author":{"id":3573379860144244,"authorId":3573379860144244,"name":"SP1980","avatar":"https://static.tigerbbs.com/101a00da82e124351de89d6d885f76b9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854293304,"type":1,"supId":6362887,"prevId":0,"content":"gogogo","text":"gogogo","html":"gogogo"},{"id":6362887,"gmtCreate":1635461067040,"gmtModify":1635461067071,"authorId":3580294349597017,"author":{"id":3580294349597017,"authorId":3580294349597017,"name":"estherytwu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854293304,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":854204864,"gmtCreate":1635460804022,"gmtModify":1635460804089,"author":{"id":"4087813311916600","authorId":"4087813311916600","name":"Vgreen","avatar":"https://static.tigerbbs.com/0c6981612e9c55fb69cf2d2d06f114bb","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[思考]&nbsp;","listText":"[思考]&nbsp;","text":"[思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854204864","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6362907,"gmtCreate":1635461184272,"gmtModify":1635461184303,"authorId":3572213696829638,"author":{"id":3572213696829638,"authorId":3572213696829638,"name":"Alannjy","avatar":"https://static.tigerbbs.com/ab326ac9056e88557b36f97dfdad9cac","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854204864,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"CN"},{"id":854209425,"gmtCreate":1635460013013,"gmtModify":1635460013579,"author":{"id":"3586470645934044","authorId":"3586470645934044","name":"ramius75","avatar":"https://static.tigerbbs.com/10763970a5bf5e3128c5423ebbee8096","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"🚀🚀🚀","listText":"🚀🚀🚀","text":"🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854209425","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854673145,"gmtCreate":1635459064315,"gmtModify":1635459064909,"author":{"id":"4088599389256890","authorId":"4088599389256890","name":"Andersonkana","avatar":"https://static.tigerbbs.com/21e08c99709245ba5acdcf7245d9c40f","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/854673145","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6362839,"gmtCreate":1635460676611,"gmtModify":1635460676644,"authorId":3554371573139299,"author":{"id":3554371573139299,"authorId":3554371573139299,"name":"Nellywong","avatar":"https://static.tigerbbs.com/9083523cfb2da4cb553cc17809e0daa2","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854673145,"type":1,"supId":0,"prevId":0,"content":"K","text":"K","html":"K"},{"id":6362700,"gmtCreate":1635459608822,"gmtModify":1635459608855,"authorId":3576917742134919,"author":{"id":3576917742134919,"authorId":3576917742134919,"name":"T2C","avatar":"https://static.tigerbbs.com/18720cb4368721ede0a87e57a36d26df","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854673145,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"CN"},{"id":854673376,"gmtCreate":1635459062686,"gmtModify":1635459063037,"author":{"id":"3583254142926957","authorId":"3583254142926957","name":"shuzyst","avatar":"https://static.tigerbbs.com/d55e499e6f73f06b22563034a4ad6b0b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854673376","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854648775,"gmtCreate":1635458195740,"gmtModify":1635458223316,"author":{"id":"4087173082353320","authorId":"4087173082353320","name":"YMF808","avatar":"https://static.tigerbbs.com/4baafafa8982b2c0a7b4c828a5e3cbfb","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Gold, share and crypto","listText":"Gold, share and crypto","text":"Gold, share and crypto","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/854648775","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6362861,"gmtCreate":1635460897043,"gmtModify":1635471649825,"authorId":3575873871496945,"author":{"id":3575873871496945,"authorId":3575873871496945,"name":"Aloynty","avatar":"https://static.tigerbbs.com/ceffc7a2934660797f19f81a2d643780","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854648775,"type":1,"supId":0,"prevId":0,"content":"More upside for crypto","text":"More upside for crypto","html":"More upside for crypto"},{"id":6362607,"gmtCreate":1635459068165,"gmtModify":1635459068200,"authorId":3583254142926957,"author":{"id":3583254142926957,"authorId":3583254142926957,"name":"shuzyst","avatar":"https://static.tigerbbs.com/d55e499e6f73f06b22563034a4ad6b0b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854648775,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":854640379,"gmtCreate":1635457489857,"gmtModify":1635457491699,"author":{"id":"3582021616632458","authorId":"3582021616632458","name":"Xue91","avatar":"https://static.tigerbbs.com/4d9f9012cc2ef597a6ee7470e2cfb3e1","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854640379","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6362465,"gmtCreate":1635457528230,"gmtModify":1635457528346,"authorId":3570001951488746,"author":{"id":3570001951488746,"authorId":3570001951488746,"name":"Jaaaaaaa","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854640379,"type":1,"supId":0,"prevId":0,"content":"B","text":"B","html":"B"}],"langContent":"CN"},{"id":854652191,"gmtCreate":1635456820201,"gmtModify":1635456822118,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/854652191","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6369604,"gmtCreate":1635496530711,"gmtModify":1635496530819,"authorId":3576260758860416,"author":{"id":3576260758860416,"authorId":3576260758860416,"name":"andrew123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854652191,"type":1,"supId":6362438,"prevId":0,"content":"tks","text":"tks","html":"tks"},{"id":6362438,"gmtCreate":1635457236204,"gmtModify":1635457236238,"authorId":3582681835792049,"author":{"id":3582681835792049,"authorId":3582681835792049,"name":"Pplymm","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854652191,"type":1,"supId":0,"prevId":0,"content":"Done. Pls like back","text":"Done. Pls like back","html":"Done. Pls like back"}],"langContent":"CN"},{"id":854651982,"gmtCreate":1635456311937,"gmtModify":1635456312166,"author":{"id":"3581539047362830","authorId":"3581539047362830","name":"Sunny0809","avatar":"https://static.tigerbbs.com/3ffb7aab0292fd1f17dfb9f99bc5eb03","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854651982","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6362374,"gmtCreate":1635456660113,"gmtModify":1635456660215,"authorId":3583487187442003,"author":{"id":3583487187442003,"authorId":3583487187442003,"name":"419eae9a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854651982,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"}],"langContent":"CN"},{"id":854623898,"gmtCreate":1635451398151,"gmtModify":1635451398404,"author":{"id":"3583815945401793","authorId":"3583815945401793","name":"FOMOking","avatar":"https://static.tigerbbs.com/89d4b7be9284f91250140e45f2d4d148","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/854623898","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6362338,"gmtCreate":1635456319790,"gmtModify":1635456319826,"authorId":3581539047362830,"author":{"id":3581539047362830,"authorId":3581539047362830,"name":"Sunny0809","avatar":"https://static.tigerbbs.com/3ffb7aab0292fd1f17dfb9f99bc5eb03","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854623898,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6362311,"gmtCreate":1635455962982,"gmtModify":1635455963091,"authorId":3580354890331124,"author":{"id":3580354890331124,"authorId":3580354890331124,"name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854623898,"type":1,"supId":0,"prevId":0,"content":"Mmm","text":"Mmm","html":"Mmm"},{"id":6362183,"gmtCreate":1635451406111,"gmtModify":1635451406209,"authorId":3583815945401793,"author":{"id":3583815945401793,"authorId":3583815945401793,"name":"FOMOking","avatar":"https://static.tigerbbs.com/89d4b7be9284f91250140e45f2d4d148","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854623898,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"CN"},{"id":854616113,"gmtCreate":1635441961822,"gmtModify":1635441961954,"author":{"id":"3556154101620191","authorId":"3556154101620191","name":"Chels","avatar":"https://static.tigerbbs.com/3ec1cf66070147d270e0098f8b98e243","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854616113","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854619111,"gmtCreate":1635441214475,"gmtModify":1635441231130,"author":{"id":"3573162818118967","authorId":"3573162818118967","name":"Pepeflabs","avatar":"https://static.tigerbbs.com/bb2ce4a85b6af8ab6f45834a991797c6","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ponk","listText":"Ponk","text":"Ponk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854619111","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":854630198,"gmtCreate":1635439567192,"gmtModify":1635439567453,"author":{"id":"3553680669291881","authorId":"3553680669291881","name":"maOQiu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854630198","repostId":1167749810,"repostType":4,"repost":{"id":"1167749810","pubTimestamp":1635434496,"share":"https://www.laohu8.com/m/news/1167749810?lang=&edition=full","pubTime":"2021-10-28 23:21","market":"us","language":"en","title":"‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1167749810","media":"Bloomberg","summary":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inf","content":"<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.</p>\n<p>That’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.</p>\n<p>“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”</p>\n<p>Bullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.</p>\n<p>One difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.</p>\n<p>Cost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.</p>\n<p>‘Merger of Equals’</p>\n<p>Spot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.</p>\n<p>“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”</p>\n<p>Boyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.</p>\n<p>“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/sticky-inflation-may-drive-gold-144549784.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167749810","content_text":"Gold may hit a fresh record high in the next 12 months as investors seek haven from a buildup of inflationary pressures.\nThat’s the view of Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd, who expects bullion to surpass the current record of $2,075.47 an ounce reached in August last year.\n“Inflation is not transitory,” Boyd said in a phone interview, noting that costs pressures are “more sticky” than three months ago. “We’ll see higher inflation as we move down the road, which is generally a very favorable environment for gold.”\nBullion’s traditional role as a haven asset in times of economic turmoils has faltered this year as the global economy gradually rebounds from Covid-19’s nadir. Massive pandemic-era stimulus and reopening economies have also led to rising inflation, while power shortages accelerated a surge in energy prices on top of a broad commodities rally. This sparked concerns that higher prices may stay much longer and hurt a nascent recovery, boosting gold’s appeal as an inflation hedge.\nOne difference this time around is that large corporations are talking about passing through increased costs to consumers, which will ultimately lead to higher labor costs, according to Boyd, whose comments came after the Canadian gold miner posted third-quarter earnings on Wednesday.\nCost pressures, largely stemming from rising commodities prices and global supply chain woes, have accelerated for Agnico since the second quarter, the Toronto-based gold miner said in its earnings statement.\n‘Merger of Equals’\nSpot gold is headed for its third straight weekly advance as bond yields slid amid concerns over the global recovery. The precious metal was up 0.3% at $1,801.49 an ounce as of 10:20 a.m. in New York.\n“The current gold price is good for the industry, and the industry remains fairly discipline in terms of capital allocation,” Boyd said, adding that any opportunity from reaching new highs “is more in the high-quality gold stocks than it is in gold.”\nBoyd also said Agnico’s “merger of equals” with Kirkland Lake Gold Ltd., announced in late September, will continue to focus on exploration as the gold industry consolidates during the next couple years.\n“The best way to participate in that consolidation is to focus on regional opportunities -- not just to get bigger, but to focus on in areas we’re currently operating where we can realize significant synergies,” Boyd said. “The merger with Kirkland does that. We always look for opportunities in the regions we operate in.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6361686,"gmtCreate":1635439573437,"gmtModify":1635439573468,"authorId":3553680669291881,"author":{"id":3553680669291881,"authorId":3553680669291881,"name":"maOQiu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":854630198,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":202,"commentSize":23,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}