GOLD 0.51% $1,391.7 gold futures

PMGOLD & Aus $, page-25

  1. 20,353 Posts.
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    Generally, and It's not right.
    But it's the USD gold price and the US etf prices that determine the SP of the Australian gold miners on the ASX, the following day
    It's been like that for a while now.
    One thing that I have seen over the years, is the total corruption of the gold sector.
    Inc the SP of Aussie goldies.
    Fundamentals which used to be front and centre have given way to manipulation in a big way. Short and medium term especially.
    having said that. Fundamentals still important in the long term.

    Last edited by albatrosss: 08/03/24
 
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