GOLD 0.51% $1,391.7 gold futures

$900 breached, page-6

  1. 1,004 Posts.
    Gold stocks holding well. Let's not forget that another factor on gold stocks SPs at the moment is the interest rate announcement today. That should have some bearing on price. If the cut is less than 1% I should think we'll see a bit of an adverse impact, as the market is pricing in gold rising in AUD at the moment due to FX fluctuations after the cut. A cut of more than 1% would be good for our miners in this respect, of course.
 
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