The US is apparently already in recession. This will cause the US government to adopt protectionism as a measure to boost employment and control inflation by keeping the USD high. Industry will be punished for going offshore. Indias economy will get hammered and probably suffer horiffic inflation, this will likely result in huge swings in the gold price. Short term there may be a large gold correct by september its quite possible the indian government will start buying gold. The market could become very eratic and unpredictable. You could see gold crash $1600 usd or lower and then rebound back to $2400.
The US is apparently already in recession. This will cause the...
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Last
$1.85 |
Change
0.003(0.14%) |
Mkt cap ! $2.128B | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.88 | $1.83 | $2.866M | 1.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 43540 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 21022 | 18 |
View Market Depth
| Last trade - 14.27pm 18/06/2024 (20 minute delay) ? |
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Last
$1.84 |
Change
0.003 ( 0.26 %) |
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| Open | High | Low | Volume | ||
| $1.87 | $1.88 | $1.83 | 843916 | ||
| Last updated 14.48pm 18/06/2024 ? | |||||
| RMS (ASX) Chart |