australian dollar gold price ..., page-37

With the US dollar exchange rate currently at 0.9014 and gold at US$1390.70 we now have an Australian dollar gold price of $1542.82.

That's right, now moving well over A$1500 and heading to A$1550 and higher!

This is starting to look very healthy for efficient, low All In Sustaining Cost local producers such as NST.

It is also now providing great margins to Australian producers like SLR that have had their share prices massacred. (From memory SLR's All In Sustaining Costs at Mount Monger are around A$1020.)