Markets wobble as Christmas approaches

• It has been a volatile week of trade, with stock markets and cryptocurrencies selling off aggressively in the lead into Christmas.

• Precious metal markets have also been impacted, with silver in particular seeing a strong pullback in overnight trade.

• Gold has held up better, with the precious metal still currently trading just below USD $2,600 and AUD $4,200 per troy ounce.

• Both metals remain on track to record stellar gains across the full calendar year, with gold leading mainstream asset class returns in 2024.

• Our Christmas market wrap up reviews the year in detail, including key trends we have observed here at ABC Bullion.

 On behalf of the entire team at ABC Bullion, I would like to take this final opportunity to thank you for your support in 2024, and I hope you have a great Christmas and New Year period with friends, family and loved ones.

Jordan Eliseo
General Manager
ABC Bullion Australia

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