RE: Newcrest Sustainability Report 8/11/198 Nov 2019 10:06
owlo, agree totally. I would also add that large cap gold minors are affected more by moves in the gold price (they are low beta which means the price correlates more closely to the underlying market, in this case the gold market). Also, upbeat economic news from Australia and around the world caused a small swing from safe stocks to risk as a result. It's nothing more than a short term move.