Markets: The fake gold premium

Citigroup’s Daniel Seeney says the share price and earnings of gold miners are more volatile than previously thought – highlighting the myth of gold's resolve.

Australian gold stocks are trading at prices that suggest a period of prolonged weakness in the price of bullion and an adverse outcome for miners with high cost operations, says Citigroup analyst Daniel Seeney.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles