Isn't it a fact that the price of any commodity will in the long term match the aggregate cost of production, plus opportunity cost (cost of capital, rate of inflation, or rba daily interest rate, or FED interest rate)
so either cost of production goes up, or price of gold goes down. I think current POG has a lot to do with futures short trading squeeze
Isn't it a fact that the price of any commodity will in the long...
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 (20min delay)
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Last
$2.93 |
Change
0.100(3.53%) |
Mkt cap ! $3.395B | |||
| Open | High | Low | Value | Volume |
| $2.88 | $2.93 | $2.81 | $46.38M | 16.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18612 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 54140 | 4 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| RMS (ASX) Chart |