The exchange rate also went up a lot on Friday night, by converting the US ADR into AUD, the expected open is $18.24.
Things may disapoint however as Fridays broad resource rally was at least in part fueled by a rally in Chinese stocks on the speculation of easing COVID restrictions which China has ruled out over the weekend... not directly related to gold, but may create a large whipsaw in exchange rates which could impact gold.
Anyways, all of that will be irrelevant 5 years from now.
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