Image source: Getty Images The All Ordinaries Index (ASX: XAO) is up 0.2% in early trade, with two ASX All Ords gold stocks moving in opposite directions. Both miners will be catching some headwinds from the 0.8% overnight dip in the gold price. The yellow metal is currently trading for US$3,262 per ounce. This sees the
Image source: Getty Images While many investors have felt the volatility so far this year across Australian and international markets, this gold miner ETF has charged ahead. Gold is a commodity that trades based on supply and demand. The interplay between supply and demand ultimately determines the spot price of gold at any given time.
Image source: Getty Images Newmont Corp (ASX: NEM) shares are slipping today. Shares in the S&P/ASX 200 Index (ASX: XJO) gold stock closed yesterday trading for $83.52. In late afternoon trade on Wednesday, shares are changing hands for $81.94 apiece, down 1.9%. This comes as the gold price also dipped overnight, down 0.4% to US$3,306 per