Yes, gold is becoming more obsolete as a hedge or safe haven as turbulent global markets dominate. USA market commentators are now calling an almost near certain recession thanks to entrenched high inflation necessitating more hawkish interest rate increases by the Federal Reserve. USA has an intense dislike for any form of inflation as it erodes their spending power and asset wealth.
Yes, gold is becoming more obsolete as a hedge or safe haven as...
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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 |