All 8 are undisputed, point trying to be made is that everybody is trading the AUD POG, whereas all Australian based producer selling is in USD, with their costs in AUD--- and that is being ignored.
It goes without saying that Australian based producers need a certain AUD POG to stay profitable.
Nobody even mentions the daily effect of the USD Index on the daily POG
More a philosophical issue obviously, the trend is your friend until it isn't, if you want to see exactly the opposite occurring with Spot @USD1277/AUD1681 check out the US Producers and Gold indexes.
Fundamentals haven't changed, page-537
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$14.52 |
Change
0.080(0.55%) |
Mkt cap ! $16.68B | |||
| Open | High | Low | Value | Volume |
| $14.49 | $14.57 | $14.36 | $55.49M | 3.830M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $14.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.53 | 26559 | 4 |
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