Price Update
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, […]...
It feels like the recent retraction in precious metals has been significant but the truth is, it is still within the historical norm when the current aftermath of Trump’s second victory is compared to that of his first. With gold currently trading at $3,970.78, silver at $47.52, and platinum at $1,477.84, it is worth stepping […]...
Volatility was prominent as the world’s largest superpower headed to the polls to decide their future President on Tuesday with it continuing over the past two days. During the election gold traded between $4,042.00 and $4,232.9a, an increase 4.7%, and is at $4,051.75 at the time of writing. Not to be outdone, silver took a […]...
There is plenty of talk about increasing silver prices in the current market and it is not hard to understand why. At the time of writing silver trades at an all-time high of $51.72, as does gold $4,239.12, and platinum at $1,562.06. The expectation is that all metals will continue to rise to new heights, […]...
As gold continues its upward trend in Australia it is easy to lose sight of all the factors that affect the precious metals market. With gold coming off its all time high at the time of writing, trading at $4,105.50, silver trading at $51.45, and platinum at $1,574.82, it is still currently the super star […]...
