Currently the spot gold price is around A$2200. However if trade war between US and China escalate, analysts are predicting our dollar could fall as low as 50 cents.. And may see a spot gold price A$3000/oz. Under this scenario, hypothetical if the cash cost Dec 2019 was $1475/oz.. the profitability of Dec 2019 could almost double..well less than double as input costs such as oil will go up... .a falling AUD has significant ramification for HRZ.
https://theconversation.com/the-china-trump-trade-war-has-spread-to-australia-were-now-at-risk-of-global-currency-war-121486
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.38M |
Open | High | Low | Value | Volume |
3.7¢ | 3.8¢ | 3.7¢ | $52.87K | 1.426M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29385 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 251 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 29385 | 0.035 |
3 | 94810 | 0.034 |
1 | 140000 | 0.033 |
2 | 1015153 | 0.032 |
4 | 412360 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 251 | 1 |
0.040 | 79850 | 1 |
0.041 | 156306 | 1 |
0.043 | 200000 | 1 |
0.044 | 25150 | 2 |
Last trade - 13.57pm 12/07/2024 (20 minute delay) ? |
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HRZ (ASX) Chart |