People are substituting currency for commodities, gold, silver, coal, wheat, cotton, copper, etc etc.
Commodities in this environment have become a safe haven. Many commodities are outperforming gold. Take a look at nickel.
The difference with gold you dont have the same price swing and crash. Other commodities are so high at the moment they are a risk.
People are substituting currency for commodities, gold, silver,...
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 (20min delay)
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Last
$1.91 |
Change
0.040(2.14%) |
Mkt cap ! $2.163B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.92 | $1.88 | $1.006M | 532.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 21034 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 51117 | 16 |
View Market Depth
| Last trade - 11.32am 31/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |