@AverageJoe
Maybe it's the big picture, the influence of Asia on gold pricing.
.
Just noted.
We have not seen any major intervention trials in recent weeks.
Alan Greenspan called the price of gold a fever thermometer.
With Bitcoin there is now a second one that is getting even more attention worldwide.
Anyone who wants to influence the market today has a difficult job.
Interesting times, maybe conditions will change who knows.
.
By the way, about inflation and the price of gold.
The all-time high in gold prices depends on the perspective:
Chart - TA, page-3894
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Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $2.959B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.23 | $8.902M | 7.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 62364 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |