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Gold Price Discussion
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<blockquote data-quote="user 4386" data-source="post: 449508" data-attributes="member: 4386"><p>No, although broadly so with the $AU price. If you look at plots of the $A and $US gold price, we have been on a steady overall upwards trend in gold price, whereas the trend in $US gold price has been a bit of a yo-yo. The actual gold price is set in $US and varies but other factors tend to increase the $A gold price because our exchange rate against the $US tends to go down with time.</p></blockquote><p></p>
[QUOTE="user 4386, post: 449508, member: 4386"] No, although broadly so with the $AU price. If you look at plots of the $A and $US gold price, we have been on a steady overall upwards trend in gold price, whereas the trend in $US gold price has been a bit of a yo-yo. The actual gold price is set in $US and varies but other factors tend to increase the $A gold price because our exchange rate against the $US tends to go down with time. [/QUOTE]
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