BML 0.00% 10.0¢ boab metals limited

BML Chart, page-21

  1. 6,922 Posts.
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    Gold/silver prices are currently falling because yields/DXY are spiking. This is a great example of how precious metal prices respond to perceived risk events. Investors flock to the safety of bonds and USD. Gold has an inverse relationship to these asset classes, so when they spike, precious metals sink.

    Precious metal investors are actually fixed-interest traders. Professional traders understand this and position themselves accordingly. Many retail traders simply see gold/silver as something that does well when financial conditions deteriorate. Which is often (but not always) diametrically opposed to the truth.
 
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Last
10.0¢
Change
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Mkt cap ! $24.50M
Open High Low Value Volume
10.5¢ 10.5¢ 10.0¢ $14.34K 137.2K

Buyers (Bids)

No. Vol. Price($)
4 576074 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 130398 3
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Last trade - 11.52am 02/07/2024 (20 minute delay) ?
BML (ASX) Chart
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