Lots of explanations going around such as precious metals being liquidated to free up funds for Alibaba float:
http://www.zerohedge.com/news/2014-...dated-make-room-alibaba-silver-four-year-lows
and Japan:
http://www.zerohedge.com/news/2014-09-18/fx-markets-turmoil-scottish-vote-japan-economic-downgrade
or perhaps more likely FED to wind back stimulus and look at increasing interest rates:
http://www.geelongadvertiser.com.au...nd-heading-lower/story-fnjbnvtc-1227064132549
Watch costs and debt in the current environment for Gold producers, this may get worse yet.
DYOR...because nobody else will.
End of Day, page-3
Add RSG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
63.0¢ |
Change
0.030(5.00%) |
Mkt cap ! $1.341B | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 63.5¢ | 61.0¢ | $7.471M | 11.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31742 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 488746 | 13 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |