The US Gold Corp's King Copper project looks promising due to its strategic location, which will likely yield a bounty of different minerals.
According to economist Peter Schiff, the pending Federal Reserve meeting in March can affect gold prices.
The demand for gold across Asia remains low, but experts claim that it will gain momentum after Chinese New Year.
Tax cuts and late-stage inflation have influenced the surge in Treasury bond yields and gold prices.
Asian gold prices go down during the New Year but recovered afterwards due to the continuous tension between the U.S. President and North Korean leader.
The prices of gold and silver are expected to gain some stability in 2018.
Gold and silver have not recovered and experts predict the slump will continue this month.
The South Africa mining industry saw a dip in capital expenditure, casualties in mining and fluctuating global demand.
Uncertainties and tensions in global economies continue to dictate the price of precious metals.
Gold slowed down a bit, but experts believe it could reach the $2,000 plateau soon.