BARRY FITZGERALD

Gold dividends take back seat to growth capex

IT'S just as well for ASX gold producers that the gold price has been driven up to an eight-month high on safe haven buying in response to escalating geopolitical tensions over Ukraine, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
Gold miners are battling dividends vs growth. Image: iStock/ma-no

Gold miners are battling dividends vs growth. Image: iStock/ma-no

Had Russia backed away from its threats, the gold price could well have been buckling under the pressure of rising interest rates. But circa US$1900/oz gold is here for the moment, and as suggested,...

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