TOMBOLA GOLD LTD (ASX:TBA) - New horizons for TBA, 55832358, page-45 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Australia's largest stock trading and investment forum Australia's #1 stock forum

TBA

Click for more information

0.00%

2.6¢ tombola gold ltd

First 45 Last

Share
Profile

Follow
ronme

1,528 Posts.

439

04/09/21

13:49

Post #: 55832358
Share

Originally posted by ronme: ↑

From investing.com.
Gold hit 3-week highs on Friday, notching its best weekly gain since May, after Powell failed to give a clear timetable for tapering U.S. stimulus spending at the central bank’s much-anticipated Jackson Hole monetary policy symposium. For the week, it rose around 2%, its most in a week since mid-May.
With no ambiguity over which of its two mandates the Fed was now prioritizing – jobs-, the focus returns to what this means for gold prices. Well, gold got firmly above the $1,800 level the first time in three weeks — I say "firmly" because the yellow metal has been in the periphery of $1,800 since Monday. The last time gold traded north of $1,830 was in mid-July. If it gets to $1,850, momentum could easily scale it to $1,900, setting up a potential return to the $2,000 record highs seen a year ago — if all goes well, which, again, is rare in our current uncertain world.

Expand

TBA Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Essential Energy conference: Streamlining approvals key to the green energy transition

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

EXR

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

There are more pages in this discussion • 1 more message in this thread...

First 45 Last

Add TBA (ASX) to my watchlist