With the decline in AUD it means foreign investors selling out of the Australian share market, best time for Australian gold stocks is when the AUD is rising and USD gold is rising, currently gold is in a flat range and AUD going down so that puts pressure under the gold stocks in Australia but eventually the gold stocks should go up with the higher AUD price of price of gold, just currently international investors want to get out of AUD denominated assets, that's my opinion and recommend hold.
Opinion on gold miners, page-16
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Last
$1.85 |
Change
0.015(0.82%) |
Mkt cap ! $1.397B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.88 | $1.84 | $5.521M | 2.964M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 76767 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 20221 | 1 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |