Price Update
In an effort to “give EU citizens peace of mind” the European Union (EU) has just asked 450 million people to stockpile seventy-two hours’ worth of emergency stockpiles that are being referred to as “war supplies.” This is the European backdrop that sees gold and silver hit all-time highs in the Australian market. Gold currently […]...
Both gold and silver have reached new all-time highs with gold trading above US $3000 and silver above $53 for much of the week. With gold currently trading in local markets at $4,823, silver at $53.28, and platinum at $1,572, precious metal bulls have plenty to celebrate. Individual analysts have projected the value of gold […]...
Overnight gold and silver have experienced a spike in prices worthy of note. With gold trading at $4,751, silver at $54.01, and platinum at $1,617, volatility seems to be the top concern in the precious metals markets and global economies in general. While main stream media will emphasis that US President Donald Trump inherited high […]...
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 […]...
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 […]...
