My wife is asking me questions about how the price of gold will affect our shares and she isn't happy with the vagueness of my answers.
Does anyone know how low gold would have to drop for our shares to lose significant value and alternately how would an increase in POG affect us? I am guessing it is an exponential relationship.
As our gold reserves are looking good and potentially great, POG is now an issue on my mind.
I am bullish on gold in that I am pessimistic about the (U.S) economy and political stability. Any elucidation would be appreciated.
Cheers,
TW
POG
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Last
$1.27 |
Change
0.030(2.43%) |
Mkt cap ! $2.341B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.24 | $3.265M | 2.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15860 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 87320 | 9 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.26 |
Change
0.030 ( 1.60 %) |
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| Open | High | Low | Volume | ||
| $1.26 | $1.26 | $1.24 | 475433 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| DEG (ASX) Chart |