http://goldprice.org/gold-price-australia.html
I wonder (considering how much of a huge run the AUD gold price has been on, obviously driven by an AUD that is tanking against the USD) where this run ends/starts consolidating? $1775/1776 are not too far away from where we are, and that is the AUD all time high gold price.... The things that I think about with respect to gold being here are 1. Interest rates (both US and AUS), and hence the fx cross rates and 2. Tanking USD gold price....
Time will tell.
Good luck to all RMS holders, been a great last few weeks for the SP. I just hope management treat their cash horde with respect and are uber-conservative with the kitty in the next 12-24 months.... (*cough* worldwide deflationary bust coming).
Gold at a 2 year high, page-2
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Last
$1.86 |
Change
-0.050(2.62%) |
Mkt cap ! $2.143B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.90 | $1.85 | $2.289M | 1.223M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 16346 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 48780 | 51 |
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| Last trade - 13.41pm 30/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |