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Tariffs Set to Benefit Gold Price and Could Push Canada and Mexico Closer, Alamos Gold CEO Says - WSJ

1. U.S. trade barriers may increase gold prices, benefiting producers like Alamos Gold. 2. Tariffs could lead to closer Canada-Mexico economic ties with more investments. 3. Gold prices reached new highs, approaching $3,000 per ounce. 4. Alamos Gold produced record output in 2024 and plans further increases. 5. Market uncertainty due to potential tariffs is creating demand for safe-haven assets.

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FAQ

Why Bullish?

As trade barriers rise, demand for gold as a safe haven increases, similar to past tariff-induced market conditions that positively influenced gold prices.

How important is it?

Gold price movements significantly affect Alamos Gold's future revenue, making this news relevant for CA.

Why Short Term?

Immediate investor reactions to potential tariffs will likely affect gold prices in the short run.

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