Troy Resources has become the latest Perth - based miner to take a financial hit on the back of
a softer gold price, reporting a half - year net loss of $ 6.8 million.
Not exact matches
Key commodities traded globally such as crude oil,
gold, copper and
softs like wheat are typically
priced in dollars, with liquidity often favor the major exchanges in New York, London and Chicago as centers of trade.
Generally we see a
soft October, and then a stronger November for the
gold price — and this has been the pattern for the last 10 years — then a little bit of a weaker
gold price for a brief period in December.
Why, if
gold demand from Asia is so high and with inventories draining from GLD and the Comex, are
gold prices soft?
Today, futures market participants trading futures to hedge
price risk exposure may include any commercial entity that produces or buys any of the commodities such as grains and livestock, the «
softs» including cocoa, sugar, cotton, coffee, and orange juice; energies including crude oil, heating oil, gasoline, and natural gas; and metals such
gold, silver, platinum, and copper.
When reaching out to OnePlus regarding Canadian availability and
pricing, OnePlus noted, «Yes, and it will be available on OnePlus.net for the same
price as the 128 GB version of the OnePlus 3T Gunmetal and OnePlus 3T
Soft Gold — 639 CAD.»
For example,
gold is always
priced in U.S. dollars, as are
soft commodities such as wheat and grain.