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GOLD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    47.8628$
  • Previous Close
    47.2942$
  • 52 Week Change
    --
  • Day Range
    0.57$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GOLD.AU represents the Betashares Global Gold Miners ETF, an exchange-traded fund (ETF) listed on the Australian Securities Exchange (ASX). This ETF aims to track the performance of an index comprised of global gold mining companies. By investing in GOLD.AU, investors gain exposure to a portfolio of companies involved in gold mining operations worldwide, potentially benefiting from changes in gold prices and the overall health of the gold mining industry. The ETF offers a convenient way to diversify investments across numerous gold mining companies without needing to purchase individual stocks.

Gold Intraday: consolidation in place.

Long positions above 3453.00 with targets at 3490.00 & 3525.00 in extension.

2025 Sep 01 13:10
Gold
  • Our preference: long positions above 3453.00 with targets at 3490.00 & 3525.00 in extension.
  • Alternative scenario: below 3453.00 look for further downside with 3436.00 & 3422.00 as targets.
  • Comment: the immediate trend remains up but the momentum is weak.

Supports and resistances:

  • 3550.00 - Resistance *
  • 3525.00 - Resistance **
  • 3490.00 - Resistance ***
  • 3470.37 Last - Last
  • 3453.00 - Support ***
  • 3436.00 - Support **
  • 3422.00 - Support *

Factors

Here's a breakdown of factors influencing GOLD.AU ETF prices: Gold Price: GOLD.AU ETFs directly track the spot price of gold, so gold's market value is the primary driver. Currency Fluctuations: As the ETF is priced in AUD, exchange rate shifts between AUD and USD (where gold is often priced) impact returns. Interest Rates: Higher interest rates can make bonds more attractive, reducing demand for gold and potentially lowering ETF prices. Inflation: Gold is sometimes viewed as an inflation hedge; rising inflation can increase gold demand and thus GOLD.AU's price. Geopolitical Risk: Uncertainty and instability often boost gold demand, leading to higher ETF values as investors seek safe havens.

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