gold stocks are being sold because of “a liquidity event” forcing them to raise cash.
Certainly that’s supported by what happened in the VIX last night, and others have confirmed there were margin calls in Australian shares today.
The Australian
RXL chart, page-626
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $61.08M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $48.80K | 336.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20758 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 19161 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |