GOLD 0.51% $1,391.7 gold futures

If people want to but can't get their hands on the physical,...

  1. 10,295 Posts.
    lightbulb Created with Sketch. 999
    If people want to but can't get their hands on the physical, this should create disproportionate demand for the unhedged producers eg Lihir. Especially now fuel costs are low.

    Which brings me to the following observation, that gold seems to have decoupled from oil.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.