Aussie gold sector's 'G5' will continue to thrive

UPGRADES to gold price assumptions has resulted in big target price increases for Australian gold miners.

Aussie gold sector's 'G5' will continue to thrive Aussie gold sector's 'G5' will continue to thrive Aussie gold sector's 'G5' will continue to thrive Aussie gold sector's 'G5' will continue to thrive Aussie gold sector's 'G5' will continue to thrive

Gold's 'G5' will outperform. Modified image: iStock/3D-Guru

Argonaut Securities lifted its 2020 average gold price forecast from US$1400 an ounce to $1575/oz and its long-term price from $1300/oz to $1425/oz.

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