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Risk assets had a bounce due to some stabilisation in the European financial systems via the promise of the ECB to print, and the various programs the US Fed has in place. There was a fair bit of front running in the markets before the final announcements were made, and since then the markets started to get wobbly again, especially after Obama was re-elected.
I have no illusions about where our goldies will head if the sharemarket keeps falling. There are a heap of headwinds why that may happen, including that earning by US companies have peaked.
loki
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22.0¢

sprott outlook gold last night bloomberg, page-24
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $20.89M |
Open | High | Low | Value | Volume |
22.0¢ | 23.0¢ | 22.0¢ | $20.07K | 89.44K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4558 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 35502 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4558 | 0.220 |
3 | 20600 | 0.215 |
3 | 39257 | 0.210 |
3 | 147633 | 0.205 |
4 | 80000 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 35502 | 2 |
0.235 | 50000 | 1 |
0.240 | 63653 | 2 |
0.245 | 11577 | 2 |
0.250 | 22011 | 2 |
Last trade - 13.57pm 28/07/2025 (20 minute delay) ? |
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