GOLD 0.51% $1,391.7 gold futures

very significant , page-20

  1. 315 Posts.
    But despite that, by day's end here our two leading gold stocks, NCM and LGL had been well bid and ignored all this carnage instead of being smashed down.

    Lower $A to $US, and falling oil price positive for Producers earnings. Eg: impact on NCM earnings with 1c move on the $A/US FX rate equates to A$7m earnings differential.
 
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