The 3 months correlation between SPDR Gold and SP 500 is -0.3.The POG and the S&P 500 have almost no correlation, contrary to your statement.
Bell Potter valuation $2, all systems go, page-13
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Last
$1.91 |
Change
-0.020(1.04%) |
Mkt cap ! $2.065B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.95 | $1.90 | $5.314M | 2.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21685 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 18142 | 2 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| GOR (ASX) Chart |