Interesting to see the HUI index of gold producer moving higher over night , despite market conditions and gold moving lower again. Like Trombone said , it gets to a point where the POG begins not to matter. Gold stock prices never really had these $1500+ gold prices factored into them anyway. Most gold stock have moved considerably lower since gold moved above 1400 levels.
We could actually start to see a contrarian play (like back in 1980;s ) where gold stocks (especially juniors) started to move higher AFTER gold had come off the boil.
I think the market wants to see where this POG is going to plataeu for an extended period of time , before it moves forward with any confidence.
Interesting to see the HUI index of gold producer moving higher...
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $19.94M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $6.127K | 29.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32790 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 21574 | 2 |
View Market Depth
| Last trade - 14.21pm 23/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |