Gold Digger: Things keep looking up for gold, with global ETFs swinging in right direction

Estimated read time 12 min read

The gold market is travelling well as we close out another Aussie week
Spot pricing is heading in the right direction, thanks to weaker dollar, ECB rate cuts and more
According to the World Gold Council, gold ETF flows turned positive in May
And Metals Focus has a new report, suggesting fresh all time highs for the precious yellow one are nigh

 

The gold market is looking pretty positive right now, wouldn’t you say? The precious yellow commodity’s spot pricing right now would certainly suggest so.

Trading up about 0.4%, in US dollars, it’s pushing higher at the time of writing – US$2,389. In weaker Aussie dollars, we’re talking about $3,580.

Yes, American friends – your currency might be weakening, but at least it’s still stronger than ours. Also, on another topical note, we suppose your baseballers generally throw a bit harder and flatter than many of our cricketers (currently on show over at the T20 World Cup in the USA) over a longer distance.

Good for them… But… BUT…  they should try batting when a ball can be legally pitched at 150km/hr at their feet or head.

And can they do this? WITHOUT a great big mitt on one of their hands?

 

 

Yep, that’s a bit old school, but so is gold… (Phew, we brought it back just in time.)

But overall, at the time of writing, the upwards gold narrative this year looks very much intact. Including ASX goldies, too, some of which were on fire earlier. (Read > here and see more ASX winners and losers in the table at the end of the article.)

Insofar as the gold pricing is concerned, it can be put down to a few things mid and late week:

The US dollar softening somewhat. Its 1D, 1W and 1M action has some chop but is drooping on the whole.

The European Central Bank’s interest rate cutting. The ECB delivered its first-rate reduction in five years, chopping its deposit rate by 25 basis points to 3.75%.

Potentially weak-ass US jobs data coming in on Friday in America. Amid a cooler pace of hiring in the US in May, CBS News reports that “the US job market is starting to resemble what it looked like before the pandemic upended work and life around the globe”.

Renewed interest-rates cutting positivity from the US Federal Reserve – which many still think is a strong chance of happening before too long in H2.

‘Soft landing’ analytical takes a gogo and possible recession avoidance.

Geopolitical turmoil still in the soup, keeping the safe-haven narrative stirred in for good measure.

And speaking of “for good measure”…

 

There’s been an ETF turnaround, notes WGC

The World Gold Council (WGC) – experts on all things gold, as you might well presume – has released its latest gold market and ETF commentary reports.

The overarching tone is… positive. But you’re going to need a bit more than that. We’ll make some bullet points and begin with the gold ETF flows, because that’s probably the most striking point here.

The WGC reports that global gold-backed exchange-traded funds (ETFs) reported positive monthly flows for the first time in a year in May.
Regarding that, total fund holdings rose to 3,088 tonnes by the end of May, which increased 8 tonnes from April. Inflows totalled some US$529 million, and these – combined with the rising gold price – pushed cumulative ETF assets under management (AUMs) to US$234 billion.

 

ETF inflows and outflows since mid-2022. Source: World Gold Council

 

May wasn’t all pots of gold at the end of rainbows, however. The WGC does also note that gold gains otherwise slowed on the whole in the month after a stonking April.
That said, the US gold price still rose 2% over the month of May and recorded an all-time high of US$2,427 per ounce, before pulling back, probably due to some profit taking.
And it should be noted that the positive ETF flows on the whole had some not so positive details on a more granular level. Inflows in Europe offset a fresh outflow in North America, the world’s biggest gold ETF market.
Still, let’s end this round of WGC bullets on the upbeat note in which it began… gold ETF inflows have now been recorded in Asian countries for 15 straight months – the second-longest streak for the region on record. Buying activity was once again dominated by China.

 

Meanwhile, Metals Focus predicts fresh highs. And soon

Metals Focus, a renowned London-based precious metals research consultancy group, has released its Gold Focus 2024 – its flagship annual gold report.

To save you the trouble of reading it all, we’ve cherry-picked some of the most interesting bits, as follows:

The report suggests that gold is expected to achieve fresh all-time highs in H2, 2024, as the economic and geopolitical backdrop remains supportive.
The annual average gold price is forecast to rise by 16% to a record high of $2,250 in 2024. [Note, obviously the gold price is right now a fair bit higher than that forecasted average.]
Gold’s series of record highs this year-to-date is notable in that not since its 2011 has it seen such an aggressive price increase in such a short period of time. “The rally has also been unusual in that it has coincided with the consensus on US interest rates turning less dovish than at the beginning of the year,” notes the report.
Despite headwinds from a firmer dollar and yields, other macroeconomic factors have fuelled a return to gold by many institutional investors that were absent during much of 2023.
Metals Focus also believes any downsides experienced in the gold market should be limited for the remainder of the year, “as there are still investors sitting on the sidelines waiting for opportunities to enter the market”.
And lastly, it says, “as physical markets become more accustomed to higher prices, gold’s fundamentals should improve”.

 

Central banks are starting to cut rates as inflation remains above the 2% target.

Remember I said this was a tragic comedy?

It is tragic because many people still think central bankers have credibility.

It is a comedy that the hedge against stupidity is roaring.

Gold.

— Gold Telegraph (@GoldTelegraph_) June 7, 2024

 

ASX Winners & Losers

Here’s how ASX-listed precious metals stocks are performing, circa 4pm June 7:

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop.

Stocks missing from this list? Please email [email protected]

Code Company Price % Week % Month % YTD Market Cap MRR Minrex Resources Ltd 0.01 0% -9% -1% $10,848,675 NPM Newpeak Metals 0.021 -16% 12% 1% $3,214,078 ASO Aston Minerals Ltd 0.014 8% 27% -1% $19,425,964 MTC Metalstech Ltd 0.24 14% -2% 2% $40,625,237 FFX Firefinch Ltd 0.2 0% 0% 0% $236,569,315 GED Golden Deeps 0.049 20% 29% 0% $5,660,595 G88 Golden Mile Res Ltd 0.012 0% 9% -1% $4,934,674 NMR Native Mineral Res 0.034 -8% 70% 1% $7,134,917 AQX Alice Queen Ltd 0.007 17% 56% 0% $4,836,930 SLZ Sultan Resources Ltd 0.01 -9% -9% -1% $1,975,865 MKG Mako Gold 0.011 10% -21% 0% $10,736,090 KSN Kingston Resources 0.084 6% 25% 1% $58,682,658 AMI Aurelia Metals Ltd 0.1775 -9% -9% 7% $304,158,133 PNX PNX Metals Limited 0.005 25% 0% 0% $29,851,074 GIB Gibb River Diamonds 0.043 -9% 65% 1% $10,152,453 KCN Kingsgate Consolid. 1.825 4% 17% 45% $456,220,495 TMX Terrain Minerals 0.0035 -13% -13% 0% $5,010,847 BNR Bulletin Res Ltd 0.045 -8% -15% -10% $13,212,600 NXM Nexus Minerals Ltd 0.046 -2% -33% 0% $18,674,886 SKY SKY Metals Ltd 0.038 -3% 12% 0% $22,403,020 LM8 Lunnonmetalslimited 0.225 -13% -24% -38% $53,371,625 CST Castile Resources 0.081 -6% -12% 0% $19,110,292 YRL Yandal Resources 0.12 -8% 9% 4% $33,475,952 FAU First Au Ltd 0.003 -14% 50% 0% $4,985,980 ARL Ardea Resources Ltd 0.58 -4% -13% 11% $117,742,120 GWR GWR Group Ltd 0.094 -3% -10% 0% $30,194,366 IVR Investigator Res Ltd 0.057 -5% 14% 2% $90,281,136 GTR Gti Energy Ltd 0.005 -17% -9% 0% $10,249,735 IPT Impact Minerals 0.019 0% -17% 1% $54,591,111 BNZ Benzmining 0.165 22% 6% -9% $17,427,584 MOH Moho Resources 0.004 0% 0% -1% $2,156,713 BCM Brazilian Critical 0.017 -11% -29% -1% $14,953,310 PUA Peak Minerals Ltd 0.004 0% 33% 0% $4,165,506 MRZ Mont Royal Resources 0.056 2% 8% -9% $4,761,668 SMS Starmineralslimited 0.03 3% -17% -1% $1,973,993 MVL Marvel Gold Limited 0.008 -11% -20% 0% $7,774,116 PRX Prodigy Gold NL 0.003 20% 20% 0% $5,294,436 AAU Antilles Gold Ltd 0.006 -14% -45% -2% $5,979,210 CWX Carawine Resources 0.105 5% 5% -1% $24,793,172 RND Rand Mining Ltd 1.48 0% -6% 11% $84,176,422 CAZ Cazaly Resources 0.02 -5% 11% -1% $9,547,363 BMR Ballymore Resources 0.18 -8% 38% 6% $30,927,852 DRE Dreadnought Resources Ltd 0.021 31% 17% -1% $59,722,240 ZNC Zenith Minerals Ltd 0.06 -12% -27% -9% $21,495,234 REZ Resourc & En Grp Ltd 0.013 8% 8% 0% $8,109,475 LEX Lefroy Exploration 0.088 -5% -12% -9% $18,442,180 ERM Emmerson Resources 0.043 -10% -12% -2% $23,422,521 AM7 Arcadia Minerals 0.055 -21% -25% -2% $6,437,756 ADT Adriatic Metals 3.91 -4% -13% -10% $1,069,382,630 AS1 Asara Resources Ltd 0.01 -9% -9% 0% $8,821,754 CYL Catalyst Metals 1.045 -9% 20% 24% $221,558,544 CHN Chalice Mining Ltd 1.64 4% 40% -6% $616,506,837 KAL Kalgoorliegoldmining 0.032 0% 3% 1% $5,547,525 MLS Metals Australia 0.022 0% 5% -2% $15,562,130 ADN Andromeda Metals Ltd 0.019 12% 0% -1% $59,095,148 MEI Meteoric Resources 0.1825 -1% -17% -8% $358,221,572 SRN Surefire Rescs NL 0.008 -11% -20% 0% $15,890,463 SIH Sihayo Gold Limited 0.0025 -17% 0% 0% $24,408,512 WA8 Warriedarresourltd 0.052 6% 4% 0% $32,542,611 HMX Hammer Metals Ltd 0.035 -5% -8% -2% $31,024,257 WCN White Cliff Min Ltd 0.019 12% 19% 1% $30,863,361 AVM Advance Metals Ltd 0.025 -4% 9% -1% $1,003,149 WRM White Rock Min Ltd 0 -100% -100% -6% $17,508,200 ASR Asra Minerals Ltd 0.005 -29% -29% 0% $8,319,979 MCT Metalicity Limited 0.002 0% 0% 0% $8,971,705 AME Alto Metals Limited 0.036 -5% 20% -1% $26,696,357 CTO Citigold Corp Ltd 0.005 0% -17% 0% $13,500,000 TIE Tietto Minerals 0.675 0% 0% 7% $773,881,054 SMI Santana Minerals Ltd 1.08 3% -3% 7% $215,146,693 M2R Miramar 0.009 -18% -10% -1% $1,860,869 MHC Manhattan Corp Ltd 0.002 0% 0% 0% $4,405,470 GRL Godolphin Resources 0.025 -7% 0% -1% $4,966,460 SVG Savannah Goldfields 0.026 -7% -26% -2% $7,308,208 EMC Everest Metals Corp 0.12 -11% 33% 4% $19,713,973 GUL Gullewa Limited 0.071 0% 29% 2% $14,538,890 CY5 Cygnus Metals Ltd 0.05 -29% -36% -9% $14,961,316 G50 G50Corp Ltd 0.155 3% 0% 2% $16,939,950 ADV Ardiden Ltd 0.145 -3% -6% -3% $9,065,038 AAR Astral Resources NL 0.08 -5% 23% 1% $72,010,210 VMC Venus Metals Cor Ltd 0.082 -9% -9% -2% $15,557,752 NAE New Age Exploration 0.004 33% 0% 0% $7,175,596 VKA Viking Mines Ltd 0.009 -10% -10% -1% $9,227,326 LCL LCL Resources Ltd 0.011 0% -8% -1% $11,462,706 MTH Mithril Resources 0.22 -6% 10% 2% $18,183,888 ADG Adelong Gold Limited 0.005 25% 25% 0% $5,589,945 RMX Red Mount Min Ltd 0.001 0% 0% 0% $3,423,577 PRS Prospech Limited 0.038 -3% -17% 1% $10,265,651 TTM Titan Minerals 0.033 6% 14% 1% $61,801,131 NML Navarre Minerals Ltd 0.019 0% 0% 0% $28,555,654 MZZ Matador Mining Ltd 0.062 -14% -10% 2% $33,581,598 KZR Kalamazoo Resources 0.096 -4% 10% -2% $16,188,015 BCN Beacon Minerals 0.0275 -5% -5% 0% $105,189,509 MAU Magnetic Resources 1.08 -3% 3% 6% $276,060,635 BC8 Black Cat Syndicate 0.31 -10% 22% 6% $94,108,801 EM2 Eagle Mountain 0.056 -14% -23% -2% $23,572,495 EMR Emerald Res NL 3.83 4% 13% 82% $2,476,042,355 BYH Bryah Resources Ltd 0.008 0% 0% -1% $3,483,628 HCH Hot Chili Ltd 0.995 -6% -4% -9% $148,318,302 WAF West African Res Ltd 1.5275 7% 13% 58% $1,546,795,033 MEU Marmota Limited 0.044 5% 2% 0% $44,469,624 NVA Nova Minerals Ltd 0.205 -13% -25% -16% $40,464,974 SVL Silver Mines Limited 0.185 -3% 12% 3% $278,986,708 PGD Peregrine Gold 0.25 -4% 14% 1% $16,969,605 ICL Iceni Gold 0.08 16% 248% 3% $19,093,274 FG1 Flynngold 0.028 0% 4% -2% $6,872,707 WWI West Wits Mining Ltd 0.0135 4% -7% 0% $32,995,091 RML Resolution Minerals 0.002 0% -20% 0% $3,220,044 AAJ Aruma Resources Ltd 0.016 -6% 7% -1% $3,544,047 AL8 Alderan Resource Ltd 0.005 0% 0% 0% $5,534,307 GMN Gold Mountain Ltd 0.0035 -13% -13% 0% $9,371,068 MEG Megado Minerals Ltd 0.011 -8% 10% -2% $2,799,011 HMG Hamelingoldlimited 0.085 -6% 8% 1% $13,387,500 TBA Tombola Gold Ltd 0.026 0% 0% 0% $33,129,243 BM8 Battery Age Minerals 0.165 3% 65% -3% $16,279,225 TBR Tribune Res Ltd 3.73 2% -17% 78% $174,194,016 FML Focus Minerals Ltd 0.155 -3% 19% -3% $44,416,590 GSR Greenstone Resources 0.011 -15% 10% 0% $15,105,830 VRC Volt Resources Ltd 0.004 0% -20% 0% $20,793,391 ARV Artemis Resources 0.013 -13% -24% -1% $26,462,942 HRN Horizon Gold Ltd 0.265 0% 2% -4% $39,106,779 CLA Celsius Resource Ltd 0.01 11% 0% 0% $24,279,127 QML Qmines Limited 0.061 -8% 0% -2% $13,298,188 RDN Raiden Resources Ltd 0.035 -22% -3% -1% $100,398,112 TCG Turaco Gold Limited 0.215 2% 16% 9% $164,579,556 KCC Kincora Copper 0.059 20% 64% 2% $1,207,886 GBZ GBM Rsources Ltd 0.011 0% 10% 0% $12,723,578 DTM Dart Mining NL 0.023 -12% -18% 1% $5,943,956 MKR Manuka Resources. 0.042 -7% -39% -4% $29,631,791 AUC Ausgold Limited 0.038 3% 41% 1% $73,476,519 ANX Anax Metals Ltd 0.036 -12% -10% 1% $20,696,098 EMU EMU NL 0.029 9% 44% 0% $2,276,433 SFM Santa Fe Minerals 0.04 0% -15% 0% $2,912,752 SSR SSR Mining Inc. 7.76 0% -3% -806% $32,434,496 PNR Pantoro Limited 0.093 4% 12% 4% $574,012,377 CMM Capricorn Metals 4.785 4% 2% 8% $1,766,831,185 X64 Ten Sixty Four Ltd 0.57 0% 0% 0% $130,184,182 SI6 SI6 Metals Limited 0.003 0% 20% 0% $7,106,578 HAW Hawthorn Resources 0.07 0% -1% -2% $23,451,093 BGD Bartongoldholdings 0.3 -5% -3% 4% $64,504,382 SVY Stavely Minerals Ltd 0.042 -14% 45% 0% $16,041,484 AGC AGC Ltd 0.34 -28% 247% 27% $74,872,656 RGL Riversgold 0.007 0% 17% -1% $8,467,038 TSO Tesoro Gold Ltd 0.039 0% -9% 1% $46,724,067 GUE Global Uranium 0.092 -6% -20% -1% $24,443,226 CPM Coopermetalslimited 0.078 -29% -32% -26% $6,581,875 MM8 Medallion Metals. 0.048 0% -8% -2% $15,384,208 FFM Firefly Metals Ltd 0.74 -1% -8% 11% $346,109,733 CBY Canterbury Resources 0.054 6% -8% 3% $9,102,267 LYN Lycaonresources 0.24 -2% -38% 4% $13,246,206 SFR Sandfire Resources 8.99 -2% -7% 165% $4,157,393,946 TMZ Thomson Res Ltd 0.005 0% 0% 0% $4,881,018 TAM Tanami Gold NL 0.033 -8% -13% 0% $38,778,203 WMC Wiluna Mining Corp 0 -100% -100% -21% $74,238,031 NWM Norwest Minerals 0.028 -20% -39% 0% $11,255,466 ALK Alkane Resources Ltd 0.56 1% -3% -10% $334,937,220 BMO Bastion Minerals 0.007 0% 17% -1% $3,014,087 IDA Indiana Resources 0.077 -3% -3% 0% $47,612,503 GSM Golden State Mining 0.011 10% -8% 0% $3,073,077 NSM Northstaw 0.028 -10% -30% -2% $3,916,522 GSN Great Southern 0.019 0% -5% 0% $15,532,190 RED Red 5 Limited 0.45 3% 5% 14% $1,576,029,250 DEG De Grey Mining 1.13 5% -7% -11% $2,660,308,705 THR Thor Energy PLC 0.016 -11% -6% -1% $3,246,943 CDR Codrus Minerals Ltd 0.054 4% 29% 0% $8,930,925 MDI Middle Island Res 0.013 -13% -24% 0% $3,049,956 WTM Waratah Minerals Ltd 0.098 -7% -18% -2% $17,936,450 POL Polymetals Resources 0.34 -3% 21% 3% $57,666,233 RDS Redstone Resources 0.004 0% 0% 0% $3,701,514 NAG Nagambie Resources 0.01 -17% -9% -2% $7,169,721 BGL Bellevue Gold Ltd 2 8% 19% 33% $2,319,363,446 GBR Greatbould Resources 0.06 2% -2% -1% $35,162,856 KAI Kairos Minerals Ltd 0.009 -18% -25% -1% $23,588,210 KAU Kaiser Reef 0.145 0% 12% -3% $24,801,365 HRZ Horizon 0.045 -6% 10% 0% $32,245,249 CAI Calidus Resources 0.12 -4% 0% -10% $97,751,171 CDT Castle Minerals 0.0055 -8% 0% 0% $6,122,465 RSG Resolute Mining 0.5825 9% 39% 14% $1,160,332,257 MXR Maximus Resources 0.029 0% -6% -1% $11,981,975 EVN Evolution Mining Ltd 4.025 5% 8% 7% $7,844,217,144 CXU Cauldron Energy Ltd 0.032 -14% -22% 1% $38,022,450 DLI Delta Lithium 0.2525 -10% -16% -22% $171,217,714 ALY Alchemy Resource Ltd 0.007 -13% -13% 0% $8,835,572 HXG Hexagon Energy 0.019 6% -10% 1% $9,745,402 OBM Ora Banda Mining Ltd 0.345 3% 11% 11% $621,958,887 SLR Silver Lake Resource 1.5375 6% 7% 35% $1,492,186,284 AVW Avira Resources Ltd 0.001 0% -33% 0% $2,663,790 LCY Legacy Iron Ore 0.015 7% -12% 0% $107,989,676 PDI Predictive Disc Ltd 0.19 3% -3% -2% $445,151,377 MAT Matsa Resources 0.03 7% -12% 0% $15,413,304 ZAG Zuleika Gold Ltd 0.022 5% 22% 0% $14,721,710 GML Gateway Mining 0.034 55% 100% 1% $13,050,161 SBM St Barbara Limited 0.2475 5% 1% 4% $192,223,039 SBR Sabre Resources 0.017 -6% 0% -2% $6,362,453 STK Strickland Metals 0.12 9% 20% 3% $223,716,801 ION Iondrive Limited 0.01 0% 25% 0% $4,862,853 CEL Challenger Gold Ltd 0.068 0% -4% -1% $93,212,228 LRL Labyrinth Resources 0.005 0% -17% 0% $5,937,719 NST Northern Star 14.53 4% 0% 88% $16,713,544,513 OZM Ozaurum Resources 0.05 -2% 0% -10% $7,143,750 TG1 Techgen Metals Ltd 0.035 -15% 6% -4% $4,740,905 XAM Xanadu Mines Ltd 0.064 3% -7% 1% $109,824,385 AQI Alicanto Min Ltd 0.017 -15% -26% -2% $10,464,976 KTA Krakatoa Resources 0.016 0% -16% -2% $7,553,716 ARN Aldoro Resources 0.062 -17% -5% -6% $9,154,415 WGX Westgold Resources. 2.405 7% 12% 23% $1,103,540,961 MBK Metal Bank Ltd 0.023 0% 10% 0% $8,980,564 A8G Australasian Metals 0.08 -20% 0% -9% $4,169,640 TAR Taruga Minerals 0.007 -13% -22% 0% $4,942,187 DTR Dateline Resources 0.01 -13% 0% 0% $16,033,016 GOR Gold Road Res Ltd 1.6975 6% 8% -27% $1,809,185,420 S2R S2 Resources 0.12 -4% 0% -5% $56,607,249 NES Nelson Resources. 0.003 0% 0% 0% $1,840,783 TLM Talisman Mining 0.28 -20% 4% 5% $53,671,299 BEZ Besragoldinc 0.105 0% 9% -5% $40,555,788 PRU Perseus Mining Ltd 2.48 8% 12% 63% $3,352,050,565 SPQ Superior Resources 0.0075 -17% -17% -1% $16,009,763 PUR Pursuit Minerals 0.004 -20% -20% 0% $14,719,857 RMS Ramelius Resources 1.9925 7% 3% 31% $2,240,100,680 PKO Peako Limited 0.006 50% 20% 0% $3,162,508 ICG Inca Minerals Ltd 0.007 0% 17% 0% $5,633,172 A1G African Gold Ltd. 0.024 -23% -4% 0% $5,741,177 OAU Ora Gold Limited 0.0045 -10% -10% 0% $32,135,218 GNM Great Northern 0.012 9% 14% -1% $2,164,807 KRM Kingsrose Mining Ltd 0.05 11% 47% 1% $37,626,326 BTR Brightstar Resources 0.0155 3% -3% 0% $68,549,770 RRL Regis Resources 1.9225 7% -8% -26% $1,401,153,489 M24 Mamba Exploration 0.02 0% -9% -3% $3,497,563 TRM Truscott Mining Corp 0.067 6% -4% 1% $11,268,859 TNC True North Copper 0.057 0% -23% -4% $40,613,355 MOM Moab Minerals Ltd 0.004 -20% -20% 0% $2,847,852 KNB Koonenberrygold 0.019 -5% 12% -2% $5,755,749 AWJ Auric Mining 0.195 11% 22% 8% $27,482,374 AZS Azure Minerals 0 -100% -100% -370% $1,692,527,632 ENR Encounter Resources 0.35 3% -9% 6% $157,492,319 SNG Siren Gold 0.08 3% 23% 1% $16,185,926 STN Saturn Metals 0.235 0% 7% 7% $52,640,582 USL Unico Silver Limited 0.1525 -5% 2% 3% $42,614,852 PNM Pacific Nickel Mines 0.03 -9% 3% -5% $12,129,340 AYM Australia United Min 0.002 0% -33% 0% $3,685,155 ANL Amani Gold Ltd 0.001 0% 0% 0% $25,143,441 HAV Havilah Resources 0.175 -20% -17% -2% $60,161,450 SPR Spartan Resources 0.745 1% 30% 23% $817,391,336 PNT Panthermetalsltd 0.045 2% 15% -2% $3,922,477 MEK Meeka Metals Limited 0.033 -8% -3% -1% $41,980,104 GMD Genesis Minerals 1.9925 11% 17% 20% $2,154,112,005 PGO Pacgold 0.14 -7% -10% -5% $10,518,180 FEG Far East Gold 0.11 -4% -21% -2% $28,334,552 MI6 Minerals260Limited 0.15 -12% 5% -17% $37,440,000 IGO IGO Limited 6.88 -1% -13% -217% $5,194,857,197 GAL Galileo Mining Ltd 0.27 10% -2% -2% $52,370,606 RXL Rox Resources 0.16 -3% -3% -2% $65,130,758 KIN KIN Min NL 0.061 3% -5% -1% $68,332,732 CLZ Classic Min Ltd 0.003 -25% -57% -5% $1,366,324 TGM Theta Gold Mines Ltd 0.15 15% -6% 4% $103,173,277 FAL Falconmetalsltd 0.26 -4% 100% 12% $49,560,000 SXG Southern Cross Gold 2.8 -1% 15% 154% $545,616,924 SPD Southernpalladium 0.42 -21% -14% 5% $18,523,681 ORN Orion Minerals Ltd 0.018 0% -5% 0% $109,001,489 TMB Tambourahmetals 0.073 4% 3% -4% $5,888,765 TMS Tennant Minerals Ltd 0.022 5% 5% -1% $21,029,589 AZY Antipa Minerals Ltd 0.013 -7% 8% 0% $55,883,917 PXX Polarx Limited 0.012 -14% -8% 1% $24,605,790 TRE Toubani Res Ltd 0.17 10% 42% 3% $27,609,793 AUN Aurumin 0.041 5% 21% 2% $18,136,219 GPR Geopacific Resources 0.022 -4% 0% 0% $20,064,131 FXG Felix Gold Limited 0.055 -10% -24% 1% $14,063,341 ILT Iltani Resources Lim 0.3 -6% 50% 14% $9,522,941 ARD Argent Minerals 0.02 -9% 18% 1% $23,301,662

WordPress Table Plugin

 

The post Gold Digger: Things keep looking up for gold, with global ETFs swinging in right direction appeared first on Stockhead.

You May Also Like