‘Trade of the Century’
The battle for US$1,300 continued this week with the bulls taking the win for now – gold traded higher at $1,309 per ounce and silver was up slightly to USD$15.14. Fed ch...
21 March 2019
Insights
Market Updates
Regular updates on global precious metal market movements.
Stay up to date with weekly price movements and the key financial, geopolitical, and economic factors shaping global and local precious metal markets.
These essential reports are ideal for first-time investors though to SMSF trustees and financial intermediaries allocating to gold on behalf of their clients. They are available via our website or can be delivered straight to your inbox. Subscribe here.
Merger Mania and Free Money
After a week of consolidation, gold showed some strength this week moving up from the USD$1,280s and trading above the “13” handle briefly before encountering resistance...
15 March 2019
The Growing Trend of Chinese Corporate Defaults
Precious metals eased lower this week with gold retreating to USD$1,313 on the back of a stronger US GDP print, and silver dropped to USD$15.60 per ounce. Palladium looks...
28 February 2019
Gold Hits All Time High of $1,880
The rally continued this week with gold breaking out north of USD$1,320 and quickly running to a high of $1,346 per ounce, before retreating back to $1,327 currently. Sil...
21 February 2019
Australia’s House of Cards
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...
14 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...
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...
24 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 silve...
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 consolid...
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...
20 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 p...
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 i...
06 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...
29 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 U...
23 November 2018
Where to Next for Gold?
It’s been another volatile week for precious metal prices, with gold at one point falling below USD $1,200oz, before rallying to current levels around USD $1,215oz. Silve...
16 November 2018
Bitcoin Forks and Crypto Carnage
If you think it’s been a tough week for equity markets and commodity bulls, spare a thought for those with their money in cryptocurrencies.
15 November 2018
Silver is Cheap!
Last trading just above USD $14oz and below AUD $20oz, it’s been a tough few weeks for silver, which is now down almost USD $1oz, or 5% since the start of November. The d...
14 November 2018
Bank of Japan Assets Exceed Japanese GDP
Whilst Japanese economic output has grown over the last five or six years, it’s been very slow going, unlike the assets on the BOJ balance sheet, which have exploded sinc...
14 November 2018
US Deficit Hits $100 Billion in October
President Trump’s tax cuts and fiscal stimulus were always going to provide a sugar hit for the economy, with higher levels of growth than would otherwise have been seen....
14 November 2018
Australian Housing: Crash Risks Building!
Whilst the government is making noises about encouraging the banks to lend more freely, and surveys of Australians suggest they think it's the best time in three years to...
14 November 2018
Oil Bulls Ravaged as Crude Sinks!
It’s been a savage few months for oil bulls, with the price of West Texas Crude (WTI) falling from approximately USD $76 per barrel to USD $56 per barrel in barely a mont...
14 November 2018
Buying Opportunity as Gold Slips Below AUD $1,700 per Ounce!
Precious metal prices for local investors have eased this week, as a bounce in the value of the Australian dollar helped pushed gold down toward AUD $1,686oz, whilst silv...
08 November 2018
AUD Rallies as Bitcoin turns Ten!
Precious metal prices have recovered from their correction earlier in the week, with gold currently sitting at USD $1,234oz, whilst silver last traded at USD $14.84oz. Th...
02 November 2018
This is Why You Own Gold!
Precious metal prices have held their ground this week as global stock markets continued to crater. Gold is currently sitting at USD $1,233oz whilst silver is at USD $14....
25 October 2018
Gold Consolidates as Markets Continue to Wobble
Precious metal prices have consolidated last week’s strong gains, with gold currently trading at USD $1,225oz, whilst silver is sitting at USD $14.55oz. In Australian dol...
19 October 2018
Gold Flies as Markets Crash!
Gold prices soared overnight, with the price of the yellow metal last trading at USD $1224oz, whilst silver is now sitting at USD $14.66oz, with the yellow metal now on t...
11 October 2018
How Low Can The AUD Go?
Gold continues to battle the USD $1,200 level this week and we saw Silver catch a bid and hold the US$14.00 level comfortably. Eyes are on the Australian Dollar as it fel...
05 October 2018