15.02.2016 - Gold sparkles amid market mayhem
A collective $3 billion in market value has been added to the thriving Australian gold sector in the past week as established producers and junior project developers alike continue a golden run. An analysis of the bulk of the Australian Securities Exchange-listed gold sector revealed its collective market capitalisation had increased by $7.9 billion to $26.6 billion in the past three months. The increase included a rapid $3.1 billion rise last week alone as the Australian-dollar gold price edged up to $1740 an ounce. Spot gold was trading at about $US1237 an ounce on Friday, up almost 17 per cent since January 1...............................................Full Article: Source
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