Posts Tagged ‘Gold Stock’

How does the price of gold affect the price of a gold mining companys stock?

Green Man asked:


Lets say that for one day a gold mining company’s’ stock was not allowed to be traded (so supply and demand of the stock had no play) and at the same time gold went up $300 an ounce. Without anyone having traded the stock… would the price of the stock automatically go up? (because the price of gold is directly related to the profits of the company)

gold mining equipment

4 comments - What do you think?  Posted by admin - December 26, 2009 at 3:31 am

Categories: Investing   Tags: , ,