In case you think the current lift in the value of gold stocks is dependent on the POG, just take a look at this chart of the AXGD (ASX Index of Gold Stocks), which is from August 2019 through to today. The peak in the chart was in August 2020 when the POG was lower than it is today (chart plots from left to right).
Which all goes to show that the POG is not everything when it comes to gold stocks.
I think we have quite some way to go yet before gold is appreciated as an investment.
In case you think the current lift in the value of gold stocks...
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Last
$2.33 |
Change
0.000(0.00%) |
Mkt cap ! $3.200B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.36 | $2.32 | $6.959M | 2.983M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 74086 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 156762 | 11 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| PRU (ASX) Chart |