There is the paper gold market and then there is the physical market and what happens in both bear no relation to a genuine market driven price.
Russia gold buying accelerated in October with the Russian central bank buying a very large 48 metric tonnes or 1.3 million ounces of gold bullion. This is the largest addition of gold to the Russian monetary reserves since 1998 and could be seen as a parting 'gift' by Putin to his rival ex-President Obama.
Fundamentals have changed, page-3
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Last
$12.81 |
Change
-0.010(0.08%) |
Mkt cap ! $14.72B | |||
| Open | High | Low | Value | Volume |
| $12.95 | $13.02 | $12.76 | $72.90M | 5.667M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 40307 | $12.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.82 | 1703 | 1 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |