I think its the currency. Gold adjusted for inflation has not done much in A$ or PNG Kina for the entire bull market in gold.
Look at the South African golds, they went ballistic when the Rand collapsed but have been giving back those gains ever since (and not have no power anyway).
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LGL
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6.06%
!
$1.75

why is it getting smashed, page-10
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Last
$1.75 |
Change
0.100(6.06%) |
Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
$1.75 | $1.75 | $1.75 | $88.21K | 50.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 530 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.78 | 311 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 530 | 1.650 |
1 | 100000 | 1.515 |
1 | 393 | 1.500 |
1 | 447 | 1.120 |
1 | 3000 | 1.000 |
Price($) | Vol. | No. |
---|---|---|
1.780 | 311 | 1 |
1.790 | 11331 | 1 |
1.800 | 1880 | 1 |
1.950 | 4485 | 2 |
2.170 | 4321 | 1 |
Last trade - 15.49pm 24/06/2025 (20 minute delay) ? |
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LGL (ASX) Chart |