GOLD 0.51% $1,391.7 gold futures

gold, page-1123

  1. 7,702 Posts.
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    In answer to last question, Trading day.
    http://www.asx.com.au/about/asx-trading-calendar-2016.htm
    BTW, if / when POGUSD reaches 1,500, POGAUD way, way over 1,800
    Using exchange rate, of say 75c, we looking at AUD 2,000.
    And if the AUD declines? Higher. As I said above, it's much easier to make a new high in AUD at 75c even 80c, than the past at 90 c, 1.00, even 1.10.
    At POGAUD peak in 2011 we had an exchange rate of 1.10, so needed hugely high USD gold price to get to AUD 1,800. Now we don't. We were withing spitting distance a month or two ago, well over AUD 1,700
 
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