Price Update
Even though gold has dipped over the last couple of days, it has continued trading sideways for much of the month and decreased by only $10 from February 10th. This consolidation period is not uncalled for and allows gold to build a more solid foundation for moving forward. With gold currently trading at $4,625, silver […]...
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, […]...
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, […]...
In recent months first China, and now Russia, have made aggressive moves to secure more silver in their Central Bank portfolios, enough to raise the eyebrows of Western investors who now speculate what effects this will have on the current Commodities Market moving forward. With silver trading at $46.42, Gold at $3902.19, and Platinum at […]...
