Price Update
Tariffs, trade wars and geopolitical turmoil seem to be mentioned in every conversation regarding gold. More recently rumours swirl around whether both London and Fort Knox actually have the gold holdings they claim. With gold trading at $4,586, silver $51.65, and platinum at $1515, one wonders how all these pieces fit together in the future […]...
After a brief dip, Gold has maintained its bullish momentum above US $2,900. Currently trading at $4,634, silver $51.64, and platinum $1,630, many banks have changed their targets for the yellow metal this year. Those joining the choir of US $3,000 include, Goldman Sachs, Bank of America, JP Morgan, Swiss bank UBS, and locally, Commonwealth […]...
2024 has been a volatile yet satisfying year for gold which has ultimately enjoyed a 38.9% increase in value year to date. This past week it experienced a record high and the outlook remains promising for 2025. With gold currently trading at $4,226.04, silver at $48.97, and platinum at $1,489.09, we look to next year, […]...
Gold continues to recover in the Australian market despite a distinct lack of movement in the United States. With gold currently trading at $4,118.97, silver at $48.95, and platinum at $1,489.77, it appears that the value of gold could move either way over the Christmas season, so let us take a close look at what […]...
The silver correction in the Australian market since the beginning of November now exceeds 11%. With gold trading at $4,158.35, silver at $47.43, and platinum at $1,464.90, it is little wonder if retail investors feel a little overwhelmed momentarily; however, the prospects for precious metals for 2025 remain promising, in particular, silver. Below we outline […]...
The anticipated appreciation of the Greenback bodes very well for gold and silver prices on the Australian market. With the Australian Dollar to United States Dollar exchange rate at 0.6518, gold currently trades at $4,102.34 indicating at 3.5% increase in the last week, silver is at $47.67 with a 2.6% increase in the same time, […]...
