As a business acquaintance would say:
"Gold has got everything going for it and still can't rise. Gold doesn't even rise if there is a terrorist attack or when commodity and oil prices are on the rise.
The gold bulls want us to believe this is a gold bull market. They must be kidding. This is nothing more than another false dawn, another gold bear market rally.
When gold falls this time, as it surely will, gold will make new lows. Look for gold to drop below US$200.
Gold will need everyone to give up on it and huge closures of mines before it enters a true bull market."
#### $199 gold, here we come ####
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Last
$63.76 |
Change
-0.365(0.57%) |
Mkt cap ! $12.38B | |||
| Open | High | Low | Value | Volume |
| $64.20 | $64.49 | $63.71 | $14.20M | 222.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 170 | $63.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.77 | 133 | 8 |
View Market Depth
| Last trade - 14.12pm 14/05/2024 (20 minute delay) ? |
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Last
$63.81 |
Change
-0.365 ( 0.58 %) |
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| Open | High | Low | Volume | ||
| $64.20 | $64.49 | $63.71 | 5230 | ||
| Last updated 14.33pm 14/05/2024 ? | |||||
| ASX (ASX) Chart |