Can everyone get in the real world??? Gold has not gone down in the last 2 days in real $aud terms... 24 hrs ago 1 AUD bought 1.04 $us. It now buys 1.065 which represents roughly a 2.5% appreciation. If gold has fallen from 1820 odd dollars US an ounce to 1780 an ounce when you convert AUD to USD then back converting sale you are actually worse off!! 2.5% of 1820 is about $45 so for that to marry up gold would have to be about 1775 an ounce in $us for it to be same price in $aud terms!! phil