It is shiny,but it is also held by central banks as reserve asset with a risk weighting of 0%.
This is unlikely to change as it is currently the only CB reserve asset with no counterparty risk.
Given the overt nature of government and CB interventions in other markets,notably,but not limited to currency and interest rates,I would find it difficult to imagine the gold market being untouched.The only difference is interventions in the gold market are not so overt.
Ann: Update - Notification of buy-back - NST, page-29
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.30 |
Change
-0.220(1.52%) |
Mkt cap ! $16.43B | |||
| Open | High | Low | Value | Volume |
| $14.09 | $14.33 | $14.00 | $67.29M | 4.739M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4594 | $14.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.31 | 38039 | 7 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |