Comparing USD prices for gold with Australian companies AUD denominated costs is a mugs game. For Australian domiciled companies with onshore mines the bulk of their expenses are in Aussie dollars. For offshore buyers of Aussie stocks currency fluctations are not a big problem as the Aussie dollar floats according to the AUD/USD rate
One AUD is quoted as $0.653 US now.
Right now spot gold in AUD is $3,428.90.
In USD that's $2,234.08.
The nearby futures price however is US$2,254.80 or $3,452.98 AUD.
All of these figures change minute to minute during trading hours.
Comparing USD prices for gold with Australian companies AUD...
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$1.08 |
Change
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Mkt cap ! $2.588B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.09 | $1.07 | $21.52M | 19.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101100 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 18723 | 2 |
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