Business
Expert warns that record-breaking gold price is facing painful correction – Motley Fool Australia
ASX gold stocks continue their golden run as the precious metal holds around record highs and looks poised to push even higher.
Motley Fool Australia » Gold » Expert warns that record-breaking gold price is facing painful correction ASX gold stocks continue their golden run as the precious metal holds around record highs and looks poised to push even higher.
But the analysts at Macquarie Group Ltd(ASX:MQG) is warning that gold is running ahead of fundamentals, and the higher it runs, the harder it will fall.
This could see the strong price gains made by S&P/ASX 200 Index (Index:^AXJO) gold miners come undone.
The …
-
Business24 hours agoWhy Amotiv, Breville, Life360, and Woodside shares are tumbling today
-
General24 hours agoFederal Labor candidate for Bass Jess Teesdale walks back support of end to native forestry
-
Noosa News22 hours agoDevastating update in search for missing Queensland mother Tayla Spies as police find human remains near her ute
-
Business20 hours agoOwn the world with these 3 global ASX ETFs