Looked at chart, confirms what most of gold investors are thinking that prices will be driven up due to continuing political and business uncertainties. And gold value has failed to keep up with inflation.At present, am sitting back & just waiting to see what happens next before buying more shares.
My gut feeling is the world is moving to a new world order in that this will be the Asian century & we in Australia are well placed to ride with it.
Re gold, seen as traditional store of wealth in Asia. increasing demand will come from India, for example, as its population continues to grow both in numbers & in wealth. As a side issue, have just come back from travelling around south india, increased prosperity is very apparent since last visit.
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Looked at chart, confirms what most of gold investors are...
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Last
$2.19 |
Change
0.050(2.34%) |
Mkt cap ! $2.456B |
Open | High | Low | Value | Volume |
$2.24 | $2.24 | $2.18 | $5.241M | 2.362M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 53658 | $2.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.20 | 80251 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 47439 | 2.190 |
28 | 167094 | 2.180 |
11 | 108287 | 2.170 |
10 | 59447 | 2.160 |
8 | 57257 | 2.150 |
Price($) | Vol. | No. |
---|---|---|
2.200 | 116236 | 19 |
2.210 | 95773 | 8 |
2.220 | 114028 | 12 |
2.230 | 25204 | 4 |
2.240 | 31376 | 5 |
Last trade - 10.28am 13/09/2024 (20 minute delay) ? |
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RMS (ASX) Chart |