Price Update
Gold reached an all-time high this on Wednesday this week in local markets topping out at $4,401 thanks to a strong US dollar. With gold currently trading at $4,383.25, silver at $48.84, and platinum at $1,554.50, gold has once again taken centre stage with a robust start to the year. Some analysts suggest gold prices […]...
2025 may see a convergence of factors that create perfect conditions for a financial crisis. With gold trading at $4,374.39, silver hovering just under $50 at $49.97, and platinum at $1,531.35 it’s not necessarily at the forefront of the consumer’s minds. Indeed, in America precious metals hit some psychologically important markers, again breaking through USD […]...
American gold prices took a hit this week since the Federal Reserve announced another 25 point interest rate cut, yet the value of gold in the Australian market has managed to hold firm despite its counterpart losing steam. With gold currently trading at $4,197.36, silver at $47.66, and platinum at $1,506.74, Australian investors need to […]...
2024 has been a volatile yet satisfying year for gold which has ultimately enjoyed a 38.9% increase in value year to date. This past week it experienced a record high and the outlook remains promising for 2025. With gold currently trading at $4,226.04, silver at $48.97, and platinum at $1,489.09, we look to next year, […]...
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 […]...
