Price Update
Despite recent geopolitical upheaval covered in our last article, Geopolitical Conflict Presents Opportunity, and rising concerns of a tightening gold to WTI Crude Oil ratio, precious metals are still set to enter a commodities boom. With gold trading at $3,878.48 (representing a 0.1% move to the down side over 24 hours), silver at $42.75, and […]...
The recent downturn in Precious Metals overnight gives evidence that “something is rotten in the State of Denmark,” as Shakespeare so eloquently phrased it, meaning that something does not match! At the time of writing Gold trades at $3,862.51, Silver at $45.50, and Platinum at $1,440.68, indicating a pull back over the last 5 days. […]...
In a notable market update this week, gold prices soared by 2.7% to reach USD $2,672.07 (AUD $3877.08) per troy ounce, while silver experienced an even more robust increase of 6%, now priced at USD $31.96 (AUD $46.37) per ounce. This surge can be attributed to the U.S. Federal Reserve’s recent decision to cut interest […]...
