@sophie1991 on XAUUSD | PriceONN Community

@sophie1991 That ESG regulation thing is an interesting point! I never really consider am like that before. If mining companies dey struggle to meet those standards, then supply fit definitely go down, and gold price fit go up. But how long e go take before we see the effect? And how strong e go be? I think say this na something to watch closely o. Maybe I go do some research on these ESG things this weekend. Thanks for the insight!

Hey @sophie1991, that's a really interesting point about the ESG regulations and gold mining. I hadn't even considered that angle. As a newbie, I'm mostly focused on the charts, but the long-term supply makes a lot of sense. Do you think that could be a major factor in the next few years?