KGL 7.62% 9.7¢ kgl resources limited

q and update, page-51

  1. 1,489 Posts.
    lightbulb Created with Sketch. 2
    Just on the price of gold discussion, Chuk not sure if you saw last nights your money your call. They discussed gold and it's future and it was interesting to hear one analyst suggesting that he believes gold will decline and probably level off at $1200. His reasoning is because gold is trading at high levels some of the Eurozone countries are selling gold to reduce debt and he mentioned that there was a very large sell order at the moment. I'm mentioning it because it's another angle that I haven't really heard before that in a sense countries in debt will cash in gold at these levels. To give this post balance the other analyst expected gold to bounce around this range with the possibility to edge higher.
 
watchlist Created with Sketch. Add KGL (ASX) to my watchlist
(20min delay)
Last
9.7¢
Change
-0.008(7.62%)
Mkt cap ! $62.86M
Open High Low Value Volume
10.0¢ 10.0¢ 9.7¢ $23.24K 238.8K

Buyers (Bids)

No. Vol. Price($)
1 407856 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 31000 2
View Market Depth
Last trade - 12.35pm 14/11/2024 (20 minute delay) ?
KGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.