Time to Buy?
Some investors say the price decline offers a buying opportunity for some metals.
HSBC Holdings Plc estimated last month about $100 billion will be invested in commodity indexes by the end of 2006, compared with $10 billion at the end of 2003.
``This is not the end of the commodities rally,'' said Michael Widmer, an analyst at Macquarie Bank Ltd. in London. ``The fundamentals for most commodities, such as gold, are strong.''
Moore of Dunvegan, who sold some shares of the StreetTracks Gold Trust exchange-traded fund as the metal was rising to a 26- year high, said he's considering buying metals.
``We're more interested in gold and metals generally,'' Moore said. ``There's still a bull run in gold, and the money will be back.''
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $171.7M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.8¢ | $497.2K | 2.367M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 907607 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 652461 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 207607 | 0.210 |
14 | 852702 | 0.205 |
29 | 878061 | 0.200 |
16 | 274245 | 0.195 |
20 | 737510 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 652461 | 13 |
0.220 | 636468 | 11 |
0.225 | 258500 | 5 |
0.230 | 249855 | 5 |
0.235 | 669992 | 9 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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