Gold lacking sizzle

A DROP in the gold price below the US$1700 per ounce level was not the greatest prelude to the 2022 Gold Forum Americas in Colorado and clearly resulted in some investors staying away or spending more time than usual on the golf course at the Broadmoor Hotel.

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Talk of growth or acquisitions was not on the agenda of the large gold miners, instead favouring themes of prudent management, capital allocation, discipline, balance sheets and returns to investors,