(In response to Volley17)
Gold in Aussies seems to be stuck in a 2625-2725 'rut' since March, or at least attracted to that band, almost as if the Aussie gold price were controlling (that is, and not the US gold price, as may be commonly assumed).
This much is true, anyway: buying shares in good miners when the Aussie gold price dives down to the 2620s has been a profitable trade, of late. I end up lightening up long before the 2720s (though taking profits in shares, not cash). Obvious problem with the above strategy is that when the next serious upleg begins, one is a bit light.
DYODD, GLTA...and tip of the hat for RMS's "Digger of the Year" award.
(In response to Volley17)Gold in Aussies seems to be stuck in a...
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Last
$1.96 |
Change
0.075(3.98%) |
Mkt cap ! $2.240B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.92 | $38.99M | 19.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76412 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 265057 | 9 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |