Geopolitical spats will indeed escalate the gold price.
We know China's in trouble economically so the best way to stimulate an economy is a war.
Look out Taiwan..
https://www.navalnews.com/naval-news/2025/01/china-suddenly-building-fleet-of-special-barges-suitable-for-taiwan-landings/
We've all got two years max to update all our goods like cars fridges etc. as sea lanes may get impacted. Depending on which side our political class attach themselves to.
What's RMS look like with increased production on a higher gold price ... bloody excellent 3 or 4 humped camel...
A bedouins wet dream...
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RMS
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14.6%
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$2.51

Geopolitical spats will indeed escalate the gold price.We know...
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Last
$2.51 |
Change
-0.430(14.6%) |
Mkt cap ! $2.908B |
Open | High | Low | Value | Volume |
$2.79 | $2.79 | $2.49 | $44.80M | 17.20M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 77231 | $2.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.51 | 10639 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 77231 | 2.500 |
6 | 150596 | 2.490 |
7 | 76252 | 2.480 |
2 | 173308 | 2.470 |
2 | 66407 | 2.460 |
Price($) | Vol. | No. |
---|---|---|
2.510 | 10639 | 1 |
2.520 | 24429 | 4 |
2.530 | 26498 | 3 |
2.540 | 27280 | 3 |
2.550 | 50000 | 1 |
Last trade - 16.10pm 23/04/2025 (20 minute delay) ? |
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RMS (ASX) Chart |