It's currently $A1093 which is where it was this time yesterday. Talk of gold heading to $US300 is just so much nonsense. The US dollar would have to go through the roof - with the Australian dollar at around 30c and 120 rupees to the US dollar. Can't see that. I can see the Australian dollar going to parity at some time and the Indian rupee at 30 to the US dollar. That's more likely.
It's currently $A1093 which is where it was this time yesterday....
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