CAPITAL MARKETS

Gold price malaise moving miners down

AUSTRALIAN gold producers may soon be staring down the barrel of a sub-A$1600 per ounce gold price if the current trajectory continues. At US$1176/oz the Australian gold price currently stands at A$1640oz, down $100/oz over the past two months. Gold stocks today doing well were headlined by would-be Cambodia and Ghana gold developers Emerald and Cardinal respectively.

 Emerald on the ground in Cambodia

Emerald on the ground in Cambodia

   

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