Gold’s demand comeback
"The great majority of gold’s price trends have long been driven by speculators’ gold-futures trading and/or investors’ gold-ETF-share trading."
"Amazingly gold’s massive gains [since October 2023] have accrued despite no demand from one of its primary drivers. That’s differential gold-ETF-share buying by American stock investors. Enthralled by the AI stock bubble, those guys have been missing-in-action. When they finally return, gold’s demand comeback will supercharge its gains."
https://www.mining.com/web/golds-demand-comeback/
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
- Forums
- ASX - By Stock
- EVN chart
Gold’s demand comeback "The great majority of gold’s price...
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.49 |
Change
0.000(0.00%) |
Mkt cap ! $8.931B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 540 | $4.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.26 | 382 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 540 | 4.710 |
2 | 1799 | 4.700 |
3 | 495 | 4.650 |
1 | 296 | 4.620 |
2 | 5881 | 4.610 |
Price($) | Vol. | No. |
---|---|---|
4.260 | 382 | 2 |
4.270 | 12829 | 5 |
4.330 | 85 | 2 |
4.360 | 1807 | 1 |
4.380 | 1216 | 4 |
Last trade - 10.00am 10/10/2024 (20 minute delay) ? |
Featured News
EVN (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online