Bells Gold Tracker: The state of AUD gold

Bell Potter

Stockbroker

The last two weeks have seen the US$ gold price come off its recent high of US$1,366/oz, a level not seen since March 2014. In the last 12-months, Millennium Minerals (MOY) is up 840%, and Dacian Gold (DCN) is up 726%. Bullion and gold equities have had a great run and this pullback has prompted many in the market to wonder whether it’s time to head for the exits. While some of the charts later in this pack show that prices have become a little extended, they are not at extremes. What about market interest? Is it saturated? Are cabbies telling you how much they made out of Golden Rim (GMR) the last four weeks? In this report, we run through a current market theme and key company releases from the last week. Also includes a gold-producers’ comparison table.


MORE ON



1 topic

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.