I have the feeling that the market is now of the opinion that Britain will vote to remain with the EU. The gold price has tried to break 1300 USD twice now. If the vote to remain gets up, my feeling is that the gold price will fall off and will take a bit of a breather before trying to break through 1300 again. This is just my thoughts as to why GRY and gold mining stocks are looking very lacklustre today.
GRY Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held