Price Update
Moody’s has downgraded the United States’ credit rating this week from AAA (negative) to AA1 (stable), and in doing so, put the stock market in a tailspin. The result for precious metals was an initial rise in value with a softening in prices overnight. With gold trading at AUD $5,160, silver at AUD $51.78, and […]...
Gold has endured a turbulent stretch since President Trump’s recent “Liberation Day” announcement, where tariffs firmly took centre stage. Market reactions have been sharp, with policy decisions driving short-term volatility. In Australia, gold touched a low of AUD $4,865 before rebounding overnight, and is currently trading at AUD $5,010 (USD $3,340). Silver is sitting at […]...
On the back of the US Federal Reserve holding rates steady and the announcement of the post-Brexit US-UK Accord gold has experienced a drop in value of 1.87%, while silver has decreased 0.64%. Notably, gold has still gained upwards of 45% over the last twelve months with silver also gaining more than 18%. With gold […]...
As American President Trump dramatically reverses course regarding his reciprocal tariffs, markets experienced volatility similar to what happened during the 2008 Global Financial Crisis (GFC). The President reduced country-specific tariffs down to a universal 10% for 90 days to facilitate negotiations and this applies to all trade partners except China. Instead, tariffs for China have […]...
Liberation Day has been declared by President Trump in America and the global fallout has been swift and significant.China has met America and imposed their own 34% retaliatory tariff on all US imports, a move that some analyst fear could lead to a fully-fledged international trade war.With gold trading at $4,957, silver at $50.00, and […]...
President Trump has finally revealed his latest Executive Order branded as part of his “Make America Wealthy Again” campaign. Chart in hand, he spoke in the White House Rose Garden of a baseline 10% tariff plus any additional reciprocal tariffs applicable to multiple countries. Both gold and silver whipsawed up and down as he spoke, […]...
