Interesting point - seems a bit illogical to me that stock prices would lead the price of gold ? Not impossible - nothing it seems is but in terms of cause and effect surely given POG drives company profits and value - that shifts first followed by the value of the entity as reflected in the sp.
On saying that - these markets are fairly treacherous and there often appears a fair element of unpredictable irrational behaviour especially of late with the whole US / credit piece playing out. Just when I think I have it sorted out the whole cause and effect dynamic changes.
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Last
$1.76 |
Change
-0.050(2.76%) |
Mkt cap ! $214.8M | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.76 | $1.75 | $3.328K | 1.892K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5218 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| LGL (ASX) Chart |