Nice to also see AUD/USD staying "around" 0.65 and helping AUD$ Gold Price.
At 0.65 ex rate, we only need USD$ Gold to increase to USD$2600 (12% from current of 2317) for us to hit Gold = AUD$4000. That turns out to be the exact percentage increase from early March to today price in USD$. Of course as you say we may have a pull back in Gold before the next climb, however I too can see 4000 on the horizon imo. Good Luck to us all, especially those of us who were in at the very beginning and suffered before our new Captain took control of the ship.
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- Next big target $4000 an ounce, I must assume
Nice to also see AUD/USD staying "around" 0.65 and helping AUD$...
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