One of the more forward looking commentaries on gold I have read for a while, and I agree over time investors (ETPs)will have less of an impact on gold as real demand particularly from a growing wealth class in Asia creates real consumption. That's besides the impact of the current printing press policies by the major central banks & the fear that still exists around a sovereign risk in mature economies.
http://www.investing.com/analysis/ml-model-suggests-gold-price-could-reach-new-highs-159217
Holding MYG, RDM, VXR
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Last
$1.28 |
Change
0.035(2.81%) |
Mkt cap ! $119.3M | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.24 | $10.04K | 7.853K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 380 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 5771 | 1 |
View Market Depth
| Last trade - 15.28pm 08/08/2025 (20 minute delay) ? |
| MYG (ASX) Chart |