The XGD is only down 3.7% because the big 2 Gold stocks NCM & LGL are holding quite well down 2.9 & 2.5% respectively.
The smaller Gold stocks are getting hammered -
AND -6.6%
AVO -4.6%
SLR -6.1%
TRY -5.9%
ADU -11.2%
CXC -8.0%
to name a few.
Even though POG is USD is hardly down in last 24 hours (-$10) and is actually up in AUD. Everyone just wants out before the weekend.
