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0.51% $1,391.7 gold futures

AUD Gold price closed @ $2,515 +1.09% whilst Oil smashed -13.04%...

  1. telamelo
    10,878 Posts.
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    27/11/21
    07:53
    Post #: 57898842
    AUD Gold price closed @ $2,515 +1.09% whilst Oil smashed -13.04% is "good news" for our Goldie's as reduced energy costs means higher cash flow $$ margins clear.png

    Lower energy costs are the single most important factor for Gold miner's along with rising AUD Gold price.

    P.S. Glad I "topped up" on WMC, OGC and SLR last week :)
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    lightbulb Created with Sketch.  Great analysis
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