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GOLD

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--%
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: choppy.

Short positions below 4325 with targets at 4245 & 4220 in extension.

2025 Dec 12 22:26
Gold
  • Our preference: short positions below 4325 with targets at 4245 & 4220 in extension.
  • Alternative scenario: above 4325 look for further upside with 4352 & 4370 as targets.
  • Comment: the upward potential is likely to be limited by the resistance at 4325.

Supports and resistances:

  • 4370 - Resistance *
  • 4352 - Resistance **
  • 4325 - Resistance ***
  • 4300 Last - Last
  • 4245 - Support ***
  • 4220 - Support **
  • 4205 - 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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