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PR Newswire
08-05-2024, 08:58 AM
Over the past 6 months gold prices have gone up by 18%. How have the Bursa gold related companies performed?
The top chart shows the share price gain for the 4 Bursa companies with gold-related businesses. The bottom chart shows that maybe there is still some potential for gold price to go higher.
![[Image: Gold-vs-Bursa-gold-proxy.png]](https://i.postimg.cc/s2jg2mGx/Gold-vs-Bursa-gold-proxy.png)
You can see that except for Niche Capital Emas, the other 3 have outperformed gold and the KLCI. What does this mean for the investor?
For more insights go to Are there Bursa proxies for gold
The top chart shows the share price gain for the 4 Bursa companies with gold-related businesses. The bottom chart shows that maybe there is still some potential for gold price to go higher.
You can see that except for Niche Capital Emas, the other 3 have outperformed gold and the KLCI. What does this mean for the investor?
- You can of course interpret that Niche Capital Emas and Poh Kong share price has yet to catch up.
- You can also conclude that when gold price goes up, the share price of these companies go up much higher.
For more insights go to Are there Bursa proxies for gold