
Fortuna Silver Mines Inc. (listed as FVI on the TSX and Lima exchanges) announces a revised mineral resource of 3.6 million tonnes at an average grade of 4.34 grams of gold per tonne. These updated numbers incorporate recent changes in gold price assumptions and enhancements in pit optimization. The projected all-in sustaining cost is US $904 per ounce of gold. The capital expenditure needed to develop the project is currently unspecified.
📊 Market Context & Insight
Note: This article was automatically sourced from reputable news outlets. For informational purposes only. Consult certified financial advisors or authorized institutions in Malaysia before making any investment decisions.
💡 What This Means for Malaysian Investors
Gold trends in Malaysia today are driven by the Malaysian Ringgit’s strength, Bank Negara Malaysia’s monetary decisions, inflationary pressures, and international gold price movements. Domestic consumption is further influenced by cultural practices, jewelry demand, and investment behavior among local households and corporations.
🔗 Useful Resources
In Malaysia, gold is commonly viewed as protection against currency volatility, inflation, and geopolitical risks. Investors often diversify through physical gold jewelry, gold bars, Gold Investment Accounts (GIAs) from banks like Maybank and CIMB, as well as Bursa Malaysia’s Gold Futures (FGLD). It’s advisable to consider a mix of tangible and paper gold assets to suit your long-term financial objectives.



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