XAU ought to break the 2.168 level of US$3,250 and continue its historic run to US$4,250/oz.
Treasury auctions, usually primary dealers and foreign CB buy around 16% supply of treasuries at auction, last week's treasury auction they only purchased 1.5% and within minutes after that called for a 90 day pause in tariffs. Normally, tariff increases would cause the US$ would rise, not in this case as the US$ is sagging (Bond auction failed this week) as foreign Central Banks did not participate and have been buying XAU as a safe haven.
Giddy up DRE
XAU ought to break the 2.168 level of US$3,250 and continue its...
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1.2¢ |
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Mkt cap ! $60.95M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Last trade - 12.43pm 17/06/2025 (20 minute delay) ? |
| DRE (ASX) Chart |