With the US dollar exchange rate currently at 0.9014 and gold at US$1390.70 we now have an Australian dollar gold price of $1542.82.
That's right, now moving well over A$1500 and heading to A$1550 and higher!
This is starting to look very healthy for efficient, low All In Sustaining Cost local producers such as NST.
It is also now providing great margins to Australian producers like SLR that have had their share prices massacred. (From memory SLR's All In Sustaining Costs at Mount Monger are around A$1020.)
- Forums
- Commodities
- GOLD
- australian dollar gold price ...
australian dollar gold price ..., page-37
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)