All 8 are undisputed, point trying to be made is that everybody is trading the AUD POG, whereas all Australian based producer selling is in USD, with their costs in AUD--- and that is being ignored.
It goes without saying that Australian based producers need a certain AUD POG to stay profitable.
Nobody even mentions the daily effect of the USD Index on the daily POG
More a philosophical issue obviously, the trend is your friend until it isn't, if you want to see exactly the opposite occurring with Spot @USD1277/AUD1681 check out the US Producers and Gold indexes.
All 8 are undisputed, point trying to be made is that everybody...
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Last
$17.51 |
Change
0.140(0.81%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $17.48 | $17.55 | $17.28 | $26.79M | 1.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2751 | $17.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.52 | 36039 | 6 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
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