Gold generally trade inverse wid the economic conditions. Gold was souring high before USD gain some strength recently. In a short run there would be some fluctuations but in a longer perspective gold is the way forward. Having said this gold was and will remain safe heaven and any gains or fall is temporary. It is imperative to mention that this bull run in gold will last for years until full economic recovery. Now coming back to my question on gold miner's, I have seen alot of them crashed wid the market on 23.03.20 but the recovery for some of them is amazing. Few of them had no impact. Nevertheless all dose micro caps are in a process of repricing. So my conclusion is that the gold miners would crash wid d market but may be would recover really fast compared to d other stocks.
MGT share price, page-52
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $18.41M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $1.141K | 6.247K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 123184 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 361264 | 2 |
View Market Depth
| Last trade - 15.46pm 20/09/2024 (20 minute delay) ? |
| MGT (ASX) Chart |