"...Gold may be first to be sold in a crisis, but also ususally the first to rebound (2008, 2020)"
Gold didn't rebound in response to those 'crisis' events. It rebounded in response to the easing of monetary policy that followed those crisis events. If there is an economic crisis, and the Fed is unable to cut rates to support liquidity (e.g., because inflation is already very high) gold will get crunched.
"...Gold may be first to be sold in a crisis, but also ususally...
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Last
$3.58 |
Change
-0.050(1.38%) |
Mkt cap ! $7.109B | |||
| Open | High | Low | Value | Volume |
| $3.58 | $3.58 | $3.51 | $50.79M | 14.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 289085 | $3.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.58 | 27806 | 3 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| EVN (ASX) Chart |