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Glittering margins on show for gold miners – but the share market has noticed

Most gold investors are quietly happy about the yellow metal’s 2020 rise from US$1,514.75 to US$1,728.70 – that’s a healthy 14.1 rise. But if you’re an Australian gold miner, you’re even happier about its 2020 movement in A$, from $2,164.67 to $2,591.91 – in local currency, gold is up almost 20%. And at that price,…

Drew Meredith | 1st Jun 2020 | More