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Online Share Trading

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Gold shares in opposite directions?

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Regular Contributor
Why would GFI and to a lesser extend, HAR, rally on a lower gold price whilst DRD and Anglo Gold are down in sinc with the base metal price?
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5 REPLIES 5
Super Contributor
Good question. Either pricing in an expected rise in gold price or else just a bounce after yesterday's sell-off.Rand also slightly weaker.
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Super Contributor
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Super Contributor
(ANG also slightly up now.)
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Super Contributor
Goldfields released good results, market enjoyed that!
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Not applicable
The results are overshadowing the gold price? The GFI share price is weird..gold @ 910 and it hits a intra day high of 10625....gold drops 5% from there and the share continues on its merry way...it increased 15% on monday...howcome the retracement is not so exagerated??
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