It is shiny,but it is also held by central banks as reserve asset with a risk weighting of 0%.
This is unlikely to change as it is currently the only CB reserve asset with no counterparty risk.
Given the overt nature of government and CB interventions in other markets,notably,but not limited to currency and interest rates,I would find it difficult to imagine the gold market being untouched.The only difference is interventions in the gold market are not so overt.
It is shiny,but it is also held by central banks as reserve...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.52 |
Change
0.080(0.55%) |
Mkt cap ! $16.68B | |||
| Open | High | Low | Value | Volume |
| $14.49 | $14.57 | $14.36 | $55.49M | 3.830M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $14.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.53 | 26559 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |