The current move up in the US$ gold price is doing wonderful things for the Australian gold industry today. For the past three months since May 1, 2016, the average weekly close has been A$1,753/oz and so far in our July/June financial year it has been A$1,768 after being A$1,663 for the June 2016 half – A$100/oz better than the June half.
Read the full article in the Mining Journal: http://www.mining-journal.com/gold-and-silver-investor-hub/gold-and-silver-investor-hub-research/australias-gold-renaissance/
