Market Updates
Keep up-to-date in the past week’s price action and the current geopolitical and economic factors driving the international and local precious metal markets.
Gold resilient as yields surge!
Gold has shown impressive resilience in the first few trading days of the new financial year, ignoring a range of headwinds to hold above USD $1,900 per troy ounce....
07 July 2023
Gold: Turning points!
Gold prices continued to correct this week, with the precious metal falling by 2% to USD $1913oz. Silver was even harder hit, falling 5% to USD $22.30oz, with the gold to silver ratio (GSR) last sitti...
30 June 2023
Gold falls as greed rules markets!
Gold prices continued to correct this week, with the precious metal falling by 2% to USD $1913oz. Silver was even harder hit, falling 5% to USD $22.30oz, with the gold to silver ratio (GSR) last sitti...
23 June 2023
Gold stabilises as inflation cools
Precious metal prices were largely steady over the past five trading days, with gold flat, trading just above USD $1,950oz, while silver eked out another 1% gain in USD terms, last trad...
16 June 2023
Gold steady, silver strong as rates keep rising!
Gold prices rallied sharply overnight, with poor jobs data from the United States reinforcing market expectatio...
09 June 2023
Precious metals stabilise as recession risks build!
Gold has bounced this week, with a 1% rise halting a losing streak that at one point...
02 June 2023
Third time lucky for gold
Gold bulls are on the backfoot again this week, with the precious metal falling below USD $1,950oz, while silver is back below USD $23oz.
The correction, which beg...
26 May 2023
Gold corrects as yields surge
Precious metal prices continued to correct this week, with gold falling below USD $2...
19 May 2023
Silver corrects as inflation cools!
Gold remained in consolidation mode this week, with the precious metal continuing to...
12 May 2023
Why Australian Investors are turning to Gold
Gold has been the best performing asset of the new millennium, having outperformed shares and property since 2000. This outperformance looks set to continue going forward....
02 May 2023