Disappointing trading in gold shares in last few days – POG in $A went from $2,335 om 7 May and since then has increased to now be $2,356 (no drops on any day by end of day) i.e., increased about 1% but gold share prices went the other way:
- BGL down by 12%
- NST down 7%
- GOR down 4%
- ALK down 11%
- NCM down 1%
- EVN down 4%
- SBM down 8%
I guess the share market is not always rational. For the above companies there were no unfavourable announcements that I can see. The only explanation is the SPs suffered from the general negative sentiment in the markets in the last few days, but I am sure there are other reasons.
GOR Chart, page-108
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Last
$1.81 |
Change
0.050(2.84%) |
Mkt cap ! $1.960B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.82 | $1.76 | $4.990M | 2.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6648 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 78248 | 3 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |