Yamana Gold, Inc. Message Board
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Don't like the percentages
Gold down 1/2%. AUY down 2 1/2%. Hate that when it happens.
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AUY 52 week Range is 3.31 to 17.00. Gold's 52 week range is roughly 700 to 1000. AUY obviously moves more than Gold both ways! Your's is not a fair complaint.
- 1 Reply to jasonomara
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Gold currently down only 10% today from high. AUY down more than 50% from its high. What's your point?
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As some have mentioned before, AUY may follow the general market rather than it's own resource, precious metals.
- 1 Reply to quailrunrd
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You need to compare AUY with GDX, not GLD.
GDX down more than GLD also (about 2% now).
http://finance.yahoo.com/echarts?s=AUY#chart3:symbol=auy;range=5d;compare=gdx+gld;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
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There's more to it than that - the dollar is showing strength today plus the general market is in correction mode.
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