The USD price of Gold is almost exactly what it was 12 months ago. So you still believe Gold is in a bull market?
I’m well aware of the pricing of commodities being in USD. However GOR operates in Australia which means, old chum, that most of the input costs are in AUD and especially so now with the use of Solar energy. The profits of GOR are also tied to the AUD/USD cross as are all Australian commodity producers.
. I’m rather surprised that a self appointed Guru who strongly recommended buying GOR at $1.33 wouldn’t know this basic information.
The USD price of Gold is almost exactly what it was 12 months...
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Last
$1.59 |
Change
-0.020(1.24%) |
Mkt cap ! $1.722B | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.63 | $1.58 | $6.790M | 4.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10288 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 5848 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.59 |
Change
-0.020 ( 1.10 %) |
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| Open | High | Low | Volume | ||
| $1.63 | $1.63 | $1.58 | 1171576 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| GOR (ASX) Chart |