10 year treasury yield rates rising is killing gold which hasn't been able to catch a break lately.
I can see BGL support being tested at $1 but if it dips below that like so many other ASX gold stocks it could get ugly. Also a great buying opportunity in my book. I held BGL and regretted selling at $1.25 but now might be an opportunity to get back in and hold for the long term along with WAF.
A brutal volatile last 3 months for gold.
BGL - Share Price forecast and results, page-292
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Last
$1.44 |
Change
0.000(0.00%) |
Mkt cap ! $1.689B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19851 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 16000 | 2 |
View Market Depth
| Last trade - 09.50am 29/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |
Day chart unavailable