"would expect most gold related stocks to go down in closing auction ??"
Not sure about that. AQG for example has been up nicely (currently 3%) all day on no news.
PRU and SBM have been much more volatile though so could finish anywhere. Both up around 2% currently but SBM was down around 5% early. HUI only dropped 1% and GDXJ only lost 0.7% and neither had the benefit of a lower AUD to absorb the fall in POG last night. We are seeing a lot of chop lately but most gold stocks firming over the last week.
GS advised covering shorts on NCM with limited downside remaining given as the reason.
ABU Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
