Market Updates

Senior Trader Daily Update 21 November 2017

Good morning everyone. Having posted strong gains on the back of Greenback weakness (particularly against the JPY) on Friday, news on Monday that a breakdown in negotiati...

Bitcoin, Dollars, Gold: What is the Future of Money?

Over the last few weeks, ABC Bullion Chief Economist Jordan Eliseo has been busy preparing a key research report on Bitcoin, Gold and Cryptocurrencies.This report covers...

Podcast: Weak Wages, Global Uncertainty and the Crypto Craze - with Jordan Eliseo

The fragility in the Australian consumer sector was underscored this week by yet another weak set of wages data, with the wage price index coming in well below what the m...

Weekly Technical and Precious Metals Positioning Report - Gold - 17th November 2017

Crypto-currency - Extraordinary Popular Delusions and the Madness of Crowds

By John Feeney, ABC Bullion

Jim Rickards Interview with ABC Bullion at Custodian Vaults

On Monday 30th October, ABC Bullion was fortunate enough to interview Jim Rickards, one of the world’s leading precious metal analysts and author of New York Times bestse...

Senior Trader Daily Update 3 November 2017

Good morning everyone. Thursday saw a few more items ticked off the week’s ‘bucket list’ but gold and silver held station within recent ranges. First cab off the rank was...

Senior Trader Daily Update 2 November 2017

Good morning everyone. Choppy trading within the recent range for precious metals was seen in reaction to the release of a raft of economic data and ahead of the US Feder...

Dollar Rally Hits Gold, AUD Sinking, Rickards in Sydney

It’s been a tough few weeks for precious metals bulls, with the price of gold declining to USD $1,275oz, now down nearly 6% from the levels it was trading at in early Sep...

Senior Trader Daily Update 31 October 2017

Good morning everyone. Mixed trade on Monday saw gold and silver in USD and AUD terms firm modestly as investors understandably took a “wait and see” approach and strappe...

September Pullback in Gold as Markets and Dollar Rally

Precious metal prices eased in September, with the price of gold declining by nearly 2%, and silver easing by almost 4%. The month had started off strongly, with gold pus...

Senior Trader Daily Update 4 October 2017

Good morning everyone. Gold and silver trekked sideways in US Dollar terms for the most part during the Far Eastern timezone yesterday, which was affected by National Day...

Senior Trader Daily Update 29 September 2017

Good morning everyone and Happy Friday as the curtain comes down on another month (and quarter) for the year. Mixed trade on Thursday saw bargain hunters lift gold and si...

Senior Trader Daily Update 27 September 2017

Good morning everyone. Gold and silver retreated on Tuesday particularly in US Dollar terms. Profit taking into the North Korean geopolitical news-triggered rally hit the...

Senior Trader Daily Update 26 September 2017

Good morning everyone. Event risk came to the fore again on Monday to cast off the weight of last week’s bearish FOMC policy statement on precious metals values and to la...

Senior Trader Daily Update 22 September 2017

Good morning everyone and happy Friday! XAU/USD & XAG/USD remained under pressure as they continued to feel blowback from Wednesday’s FOMC monetary policy announcement in...

Senior Trader Daily Update 21 September 2017

Good morning everyone. Precious metal values retreated after the US Federal Reserve Bank’s FOMC left interest rates unchanged (as expected) but signalled the possibility...

Gold Pulls Back as Markets Hit New All Time Highs!

Precious metal prices have pulled back meaningfully in the past 10 days, with gold falling to just USD $1,309oz, a decline of almost 3% from levels seen in earlier Septem...

Senior Trader Daily Update 20 September 2017

Good morning everyone.Gold and silver consolidated and tread water on Tuesday ahead of Wednesday’s MonPol announcement by the US FOMC, as the markets await guidance from...

Senior Trader Daily Update 19 September 2017

Good morning everyone. Precious metals have been on the slide since the air came out of the ‘safe-haven’ trade (i.e. geopolitics) with gold in particular, hitching its ca...

Senior Trader Daily Update 15 September 2017

Good morning everyone and Happy Friday! A tumultuous day in the markets saw gold and silver eventually close near session highs. Gold and silver were driven hither and yo...

Senior Trader Daily Update 14 September 2017

Good morning everyone. Range trading / consolidation was seen in gold for much of the Far Eastern and European sessions on Wednesday but the big move came during US tradi...

Senior Trader Daily Update 13 September 2017

Good morning everyone. Not a lot to report from Tuesday’s activity in the precious metals markets with intraday speculative jockeying seeing gold drift lower during the F...

Senior Trader Daily Update 12 September 2017

Good morning everyone.US equities rebounded sharply back towards recent record highs, as last week’s investor bearishness on the back of forecast apocalyptic devastation...

Senior Trader Daily Update 11 September 2017

Good morning everyone and I trust you had a good weekend.XAU/USD registered its highest level since mid-August last year as geopolitics, receding yields on US Treasuries,...

Senior Trader Daily Update 7 September 2017

Good morning everyone. Gold, having reached its highest level in USD terms since late September last year on Tuesday, (spurred on by geopolitical tensions, receding yield...

Senior Trader Daily Update 6 September 2017

Good morning everyone.Some fairly brutal price action was seen on Tuesday, particularly during the offshore time zones of Europe and the US, with gold slammed lower USD 1...