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Bullboard - Stock Discussion Forum Equinox Gold Ord Shs T.EQX

Alternate Symbol(s):  EQX

Equinox Gold Corp. is a Canadian mining company operating entirely in the Americas, with eight producing gold mines. Its operating mines include Aurizona Gold Mine, Fazenda Gold Mine, Santa Luz Gold Mine, RDM Gold Mine, Los Filos Gold Mine, Castle Mountain Gold Mine, Mesquite Gold Mine and Greenstone Gold Mine. Its development projects include Greenstone Project, Los Filos Expansion, Castle... see more

TSX:EQX - Post Discussion

Equinox Gold Ord Shs > Gold price
View:
Post by Straite on Sep 08, 2021 3:56pm

Gold price

Anyone can explain why on august 6 nonfarm payrolls the gold price declined by nearly 100$ in the following 2 days. (after slight beat of 50-100k on it)
Then, on september 3 nonfarm payrolls (significantly under expectation, maybe dampened by revision of previous number.) the gold price certainly did not go up 100$ but rather dropped by 25$ in the next 2 days.

What would have needed to happen for gold to go up 100$? (assuming a symetric inverse reaction to the previous report could have happened?)
Comment by Alaska74 on Sep 14, 2021 11:56am
I let history be my guide. Therefore I don't sweat the faked up prices. I checked and when I put away a ounce, every time no matter how much time between checks, my ounce is still a full ounce. I figure history is my insurance program. That plus a certain guy named Ross in the background here.
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