Most commonly quoted in us dollars (xau/usd). Since the open, stocks are being dumped. This idea was discussed in more depth with members of my private investing community,the end game investor.
Gold can also be affected by rising or falling gold jewelry demand.
Gold stocks have fallen nearly 19% from their highs in 2018 as measured by the vaneck vectors gold miners etf (gdx), which holds 49. 1) professional money managers going. When demand for such jewelry is strong, gold prices may possibly rise. Gold is shining bright amid continued turmoil in the current administration.
Gold Stock 