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POG in USD rises to 3000 but in AUD it stays at 1200?That is a...

  1. champ2003
    12,639 Posts.
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    25/05/09
    08:32
    Post #: 5199408
    POG in USD rises to 3000 but in AUD it stays at 1200?



    That is a highly unlikely scenario IMO.

    Australia's economy depends quite heavily on how well the US goes as well and I believe that Australia's dollar is headed down as well long term which should give the AUD Gold price some support.

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