Give it up mate. There are ups and downs in gold prices that are part of a normal market cycle. These are influenced by things such as USD strength/weakness, interest rates, supply and demand, market confidence and many other variables. There are also "re-rates" that occur throughout history whereby the price of gold experiences a paradigm related shift.
We have interest rates skyrocket in the last 2 years, which normally would see gold prices crash, and they haven't. This appears to be a "re-rate" scenario caused by lack of confidence in fiat currencies and the abilities of central banks to get themselves out of debt.
Give it up mate. There are ups and downs in gold prices that are...
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Last
$1.92 |
Change
0.030(1.59%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.95 | $1.92 | $7.450M | 3.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72964 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 42195 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |