Gold price retraced overnight around 6%. Not worried by this as gold was boiling and needs to simmer before heading higher again. Just a matter of timing when to top up on gold stocks.
Historically gold price/$us dollar swing opposite to each other. When one goes up the other goes down.
With NVA being on the ASX but mining in the USA does this give us a cushioning when gold price falls and the $US rises, when the $US is converted to $AUS
Hope what I asked makes sense.
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Last
30.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $122.4M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 30.0¢ | $299.8K | 956.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 19999 | 1 |
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| Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
| NVA (ASX) Chart |