It's the currency I am afraid. As long as people bail out of the USD into AUD and other currencies instead of into gold the whole sector is flat.
Annoying.
Perhaps if you are looking for a place to be when the rally winds down go for companies with a domestic energy exposure - thermal coal rather than oil/coking coal. Or consumer staples. Things that are related to products that are more "gotta ave" rather than "wanna ave"
But the AUD is killing gold at the moment.
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there's movement at the station, page-8
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$1.85 |
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0.005(0.27%) |
Mkt cap ! $225.8M |
Open | High | Low | Value | Volume |
$1.84 | $1.87 | $1.84 | $51.59K | 27.89K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
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1 | 1180 | 1.700 |
1 | 2243 | 1.560 |
1 | 5542 | 1.550 |
2 | 2200 | 1.400 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
1.890 | 16447 | 1 |
2.000 | 2267 | 1 |
2.100 | 3900 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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