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Gold had a relatively uneventful week this week, pulling back slightly to USD$1,312 as did silver to $15.62 per ounce. After a terrible performance last week, the AUD/USD recovered some ground to clim...
15 February 2019
Why Do Central Banks Buy Gold?
Gold pulled back slightly this week to USD$1,314 with silver dipping back below USD$16.00 per ounce to USD$15.71. In local currency terms, we can see the AUD/USD tumbling over 2.3% this week to U...
08 February 2019
Slow and Steady Wins the Race
Gold in USD terms has managed to crack through the $1,300 resistance level this week, trading at USD$1,320, with silver rallying up through USD$16.00 per ounce at time of writing.
This week saw ...
01 February 2019
Overbought Equities and Record Inequality
Gold was relatively flat this week after failing to break through the key US$1,300 level mentioned in last week’s commentary. We currently trade at US$1,283 per ounce and silver dropped back dow...
25 January 2019
All Eyes On $1,300
Waiting and watching in anticipation to see if gold is able to crack through near term resistance at the $1,300 level. We are currently trading around USD$1,292 and silver $15.50 per ounce. With the A...
18 January 2019
2019 Starts With a Bang!
Volatility in financial markets continued in December, leading to some pretty amazing moves in forex, equities and precious metals during the break. After recent consolidation short-term, gold in USD ...
11 January 2019
The Charts that Defined Financial Markets in 2018
With the end of 2018 quickly approaching, this will be our last market update for the year. So something a little different, we will take a look back on 2018 with some of the more interesting charts i...
21 December 2018
Silver’s Time to Shine
After a sharp rally Friday night, gold continued to edge higher this week before encountering some resistance at the USD$1,250 level. Overall, short-term trend appears positive and we are curren...
14 December 2018
Markets Crash as Treasury Yields Invert
Gold staged a breakout this week as panic struck equity markets on Tuesday night. Gold jumped to USD $1,238 and silver hit USD$14.50. In local currency terms, the rally in precious metals combined wit...
07 December 2018
Why 2019 Could Get Very Interesting
Gold held a relatively tight trading range this week as we currently trade slightly lower at USD $1,221 per ounce, with silver sitting around USD $14.30 per ounce at time of writing.
Not a very ...
30 November 2018
Gold’s Getting Trendy
Precious metals tiptoed higher this week, despite USD strength remaining. Gold in USD held the all-important psychological $1,200 handle successfully and has climbed to USD $1,228 at time of writing. ...
23 November 2018
