GOLD
Click for more information
0.51% $1,391.7 gold futures

The US dollar is getting smashed. Commodities across the board...

  1. siameseparrot
    24,765 Posts.
    clock Created with Sketch.
    02/04/09
    21:46
    Post #: 4975100
    The US dollar is getting smashed. Commodities across the board are strongly rising. Eg oil is up about 6%.

    So how is it possible for gold to be down 1% in US dollars and even worse in other currencies? (The Aussie dollar is up around 2% against the US dollar.)

    This does not make sense.
    Value at posting: $0.00
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

MM1 Geochemical work at Newington picks up gold and copper anomalies for Midas
right-arrow Created with Sketch.
TRP Tissue Repairs soars nearly 32% on TGA approval for wound healing gel
right-arrow Created with Sketch.
NEWS Nine staff strike as Paris Olympic coverage begins
right-arrow Created with Sketch.
PEC Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil
right-arrow Created with Sketch.
HRZ Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision
right-arrow Created with Sketch.
IGO IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.