Big selloff for gold equities today, NASDAQ up 3%. Very strange for US markets to be up on the back of a full scale war in Europe. Regardless, the fundamentals are there; Russia and Ukraine are some of the biggest commodities exporters in the world (including >10% of global gold exports), which accelerates global cost-push inflation in an already difficult environment and will be a drag on global growth. This is why you hold assets like gold, not for short term panic buying on invasion day. DYOR
Big selloff for gold equities today, NASDAQ up 3%. Very strange...
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Last
$15.91 |
Change
0.070(0.44%) |
Mkt cap ! $18.21B | |||
| Open | High | Low | Value | Volume |
| $15.79 | $15.94 | $15.62 | $20.01M | 1.268M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 772 | $15.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.92 | 3756 | 19 |
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| Last trade - 14.33pm 04/10/2024 (20 minute delay) ? |
| NST (ASX) Chart |