Ubika Gold 20 index continues to beat its benchmarks
The end of 2016 saw a sharp sell-off in gold as the U.S. dollar strengthened following an interest rate hike as well as President Trump’s pro-business sentiment. The Ubika Gold 20 Index (UG20) surged 17.3% since December 12, outperforming both its benchmark TSX Gold Index and the gold price, which gained 12.3% and 2.9%, respectively, over the same period. Premier Gold Mines Ltd. (TSX: PG) was the top-performing component company during the past six weeks, surging 32% following better-than-expected Q4/2016 production results and increased 2017 guidance.
Interested in previous Gold 20 reports? Here’s the link >>
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