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  1. 3,828 Posts.
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    It is fascinating how stable the gold price is in Australian dollars.

    The current US gold price of $1880 is $2647 in Australian dollars (@ $.71 conversion rate)

    the gold price seems perfectly tied to $US dollar in last few weeks.

    so, even though the US gold price has fallen overnight, BCN is still making money, hand over fist.
 
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