Me no gold expert but I can say one thing inflation isn’t caused by economy rather government printed money to survive or save peoples life. Dark clouds still hanging on top of economy and lifting interest rate is killing it faster then inflation will do.
They will have to reverse their action in 6months time but gold might have temporary little bumps but at the end it will reach new highs (imo).
Me no gold expert but I can say one thing inflation isn’t caused...
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Last
$1.27 |
Change
0.015(1.20%) |
Mkt cap ! $322.1M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.25 | $171.8K | 137.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 8881 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 5447 | 6 |
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| Last trade - 12.28pm 09/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |