"The price of gold went from a set exchange rate of $42.22 per troy ounce in 1973 to almost $200 per ounce in 1976.[9]"
And then up to $850 in 1980. Not too shabby.
Also, gold is a lot easier to store than coal.
You can hold $50,000 worth of gold in one hand, but that's 300 tonnes of coal.
Try storing that in your garden and see what the neighbours say.
Ann: Quarterly Activities Report, page-47
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Last
$6.29 |
Change
0.000(0.00%) |
Mkt cap ! $8.305B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.29 | $6.18 | $8.468M | 1.354M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2638 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.29 | 68765 | 5 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| YAL (ASX) Chart |