The coming week could prove to be very interesting indeed.
DOW went down 250 points on Friday - though it came back from around 800 points down in the last hour or so. GP fell back to USD1674 from a high of USD1689 - again at the end of the day.
US, Australia and other countries are cobbling together stimulus packages and these may well come over the next week - maybe next couple of weeks. They will come sooner than later.
Will these packages - or even the anticipation of these packages lift the GP or have the reverse effect - and how will this impact on gold producers share prices?
Will the TO of SPX insulate RMS from the movements - either way?
Gold price, page-4
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Last
$1.92 |
Change
0.030(1.59%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.95 | $1.92 | $7.450M | 3.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72964 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 42195 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |