Lets remember in a volatile market Gold and Gold related shares are sought after as a safe haven
This isn't true. USD and bond yields do best when volatility is high. And these asset classes both have inverse correlations to gold. Whenever equity markets get shaky, gold is usually the first thing sold. Happens virtually every time.
News: KCN Kingsgate Consolidated Ltd Says Licences Now Approved For Chatree Gold Mine..., page-17
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Last
$1.66 |
Change
0.005(0.30%) |
Mkt cap ! $426.5M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.76 | $1.65 | $785.3K | 461.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14388 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 2484 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |