GOLD 0.51% $1,391.7 gold futures

Yet to work on the XJO and the DOW's influence, but reckon...

  1. 11,522 Posts.

    Yet to work on the XJO and the DOW's influence, but reckon there's a strong possibility the DOW could go down, along with those overnight cash rates, within the next few months. Good for Gold price, but not so hot for Gold equities. If Gold price holds well later in the year when the US interest rate down cycle is complete, then the equities should rebound to much higher highs. Then there is our interest rate upcycle, which would strengthen the AUD/US, so we mightn't get the full impact. All speculation at this stage.


 
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