Currently our XGD is down 2.4%, whilst the overall market is down 0.8%.
Given that the US$ gold price was steady overnight and the A$ gold price recovered the $2,600 level, it is hard to justify the overreaction.
Following the US indexes of the GDX and HUI which were both down 3%.
Clearly it is a sentiment thing and not based on fundamentals.
Currently our XGD is down 2.4%, whilst the overall market is...
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Last
$2.14 |
Change
0.040(1.90%) |
Mkt cap ! $2.456B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.15 | $2.07 | $5.340M | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 96948 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 39393 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |