"The sooner gold can break away from the USD the better and hopefully that momentum is building."
As in the Shanghai Gold market which is very fast becoming the exchange of choice, although there are some smart traders getting an arbitrage profit buying the dips in the Crimex and selling in the Shanghai market. A massive transfer of wealth from west to east. It seems the Americans with their corrupt practices continue to lead with their chin and at some point a shortfall will eventuate. You can let your imagination run with what would be the consequence of that happening.
Best looking weekly chart, page-2230
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Last
$13.84 |
Change
-0.450(3.15%) |
Mkt cap ! $15.90B | |||
| Open | High | Low | Value | Volume |
| $13.81 | $14.08 | $13.70 | $94.67M | 6.832M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27402 | $13.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.85 | 1067 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |