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Epi
@Epi
2Mes·

Unrest on the gold market?

Interesting development on the gold market.

Gold-backed cryptotoken$PAXG (+0,36%) has risen by more than €100 in the last few hours. The gold market often knows more than the stock market.


This could be an exciting week.

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23 Commenti
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MarTheRadi@marda304
2Mes
EUR/USD will open with a 1.2% gap to the downside. Currently:
1 EUR = 1.02394 USD

Feb 2, 2025, 21:36 UTC
https://www.xe.com/currencycharts/?from=EUR&to=USD&view=12H
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Cekay@CMustermann
2Mes
@marda304 uff, that's enormous
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MarTheRadi@marda304
2Mes
@CMustermann For Forex, absolute
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Epi@Epi
2Mes
@CMustermann $XAUT is up 1.2% accordingly.
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Enrique@Dividenden_Monteur
2Mes
@CMustermann well.
Since November there have been almost weekly reactions of 1 to 2% per day.
Simply due to uncertainty.
https://www.tradingview.com/x/DvUoBPu6
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Aeglospt@Aeglospt
2Mes
Thanks for letting me know that paxgold exists! Really interesting! Here’s some coins!
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Epi@Epi
2Mes
@Aeglospt I think it's a cool thing to be able to watch the gold price in real time on exciting weekends.
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Dirty30@Dirty30
2Mes
I'm curious to see what my raw materials will do next week.
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Epi@Epi
2Mes
@Dirty30 What are YOUR raw materials?
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Dirty30@Dirty30
2Mes
@Epi Öl, Uran, Palladium
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Epi@Epi
2Mes
@Dirty30 Could be exciting. Oil market shaken up, investments possibly down, inflation up. 🤷
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Marcel@di_marcello
2Mes
@Dirty30 What (ticker) do you buy for uranium?
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Epi@Epi
2Mes
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Dirty30@Dirty30
2Mes
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Epi@Epi
2Mes
@Dirty30 But these are uranium mining companies, not uranium. 🤔
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Dirty30@Dirty30
2Mes
@Epi correlate at least quite well 😁
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Epi@Epi
2Mes
@Dirty30 Probably true, at least in part. As with gold and gold mining shares. The closest you can get to the uranium price is with the uranium holding $YCA.
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Dirty30@Dirty30
2Mes
@Epi It is also very nice to see how all these stocks corrected and then all ended their 10-year correction together in the Corona Crash. Yellow Cake is also represented in $URA with 2.57%.
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Hennington Research@HennRes
2Mes
Interesting, I didn't know that!
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Maxi@mhu
1Mes
Just heard about it for the first time. What is the advantage over $EWG2? Only the tradability on weekends?
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Thoranos@Thoranos
2Settimana
How are you currently trading PAXG? More and more exchanges are delisting the stock.
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Epi@Epi
2Settimana
@Thoranos I don't trade at all. I only look in from time to time when something big happens on the weekend.
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